High-net worth individuals: Difference between revisions
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(HMRC HNWI definition corrected (previously only should definition of 'affluent', which is not the same as HNWI)) |
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A person is a high-net worth individual if | A person is a high-net worth individual if they have: | ||
This is in line with | * an annual income of £100,000 or more, NOT including one-off pension withdrawals; and/or | ||
* net assets of £250,000 or more, NOT including their home (primary residence), their pension (or any pension withdrawals), or any rights under qualifying contracts of insurance. | |||
This is in line with guidance at time of writing. | |||
Latest revision as of 13:43, 14 August 2024
A person is a high-net worth individual if they have:
- an annual income of £100,000 or more, NOT including one-off pension withdrawals; and/or
- net assets of £250,000 or more, NOT including their home (primary residence), their pension (or any pension withdrawals), or any rights under qualifying contracts of insurance.
This is in line with guidance at time of writing.