Mike Williams, director of the personal tax at the Treasury, has told Treasury Select Committee MPs that the departure of non-doms from the UK will have little impact on the UK economy.
Responding to questions from conservative MP Peter Viggers about what effect non-doms leaving the UK would have on the country, Williams said the impact would 'not (be) significant'.
The comments from Williams represent one of the few times that senior Treasury officials have given any indication of how important non-doms are to the UK economy.
Williams confirmed that the Treasury expects 3,000 non-doms to leave the UK following the introduction of a £30,000 levy on foreigners who have been in the country for at least seven years and want to keep offshore income tax free.
He was unable, however, to say whether employers of highly-skilled foreign professionals would have to compensate their staff for the charge and breakdown how many of the people that would leave the UK were casual or low wage workers.
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