High-net worth individuals: Difference between revisions

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Created page with "A person is a high-net worth individual if they satisfy at least ''one'' of the following: * they have income of over £200,000 per year or more; and/or * their assets are equal to or above £2 million This is in line with Isle of Man and UK tax guidance at time of writing."
 
Nicguana (talk | contribs)
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 they satisfy at least ''one'' of the following:
A person is a high-net worth individual if their assets are equal to or above £20 million.


* they have income of over £200,000 per year or more; and/or
This is in line with tax guidance at time of writing.
* their assets are equal to or above £2 million
 
This is in line with Isle of Man and UK tax guidance at time of writing.

Revision as of 14:17, 15 January 2024

A person is a high-net worth individual if their assets are equal to or above £20 million.

This is in line with tax guidance at time of writing.