Does the UK have an exit tax?

No, as of December 2025, there is no exit tax on individuals in UK law.. Existing rules, such as the ‘temporary non-residence’ provisions, already catch certain short absences, but there is no general exit tax for people leaving the UK permanently.

Several reports in late 2025 confirmed that the Treasury examined a 20% ‘settling up charge’ on unrealised gains for individuals ceasing UK residence, but the idea was dropped shortly before the Autumn Statement.