UK non-doms fall 11% as research reveals 1 in 7 UK billionaires are offshore residents 

One in seven billionaires with strong ties to the UK is resident in a crown dependency or overseas territory, according to new research from LSE and the University of Warwick. The research coincides with new HMRC statistics revealing that the number of people claiming "non-dom" status in the UK to reduce their tax liabilities dropped by 11% last year as travel restrictions made it harder to move to Britain during the pandemic, according to official data. Figures from HM Revenue & Customs for the year to March 2021 show that there were 68,300 non-doms in the UK, down from 76,500 the pr...