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Impute non-dom status #881
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We should impute non-dom status to enable more accurate modeling of potential reforms to the non-dom tax regime. This would allow us to better estimate the distributional and revenue impacts of proposals such as Labour's plan to abolish non-dom status.
Background:
Recent research by Advani et al. provides valuable data on the UK's non-dom population that we can use to inform our imputation:
These papers offer detailed information on the demographics, income, wealth, and geographic distribution of non-doms, as well as estimates of their unreported offshore income and gains.
Proposed approach:
Imputation stage:
Reweighting stage:
Key statistics to target in reweighting (from Advani et al.):
Additional considerations:
Next steps:
This enhancement will significantly improve PolicyEngine-UK's ability to model reforms to the non-dom regime and provide more accurate distributional analyses of UK tax policy changes.
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