#exit-tax

[ follow ]
#capital-gains #wealth-flight #uk-competitiveness #capital-gains-tax #hmrc-guidance #uk-property-tax
UK politics
fromBusiness Matters
12 hours ago

Reeves' 'exit tax' plan branded "reckless and self-defeating" by leading wealth adviser

A proposed 20% exit tax on wealthy individuals leaving the UK could drive away entrepreneurs and investors, undermining investment and national competitiveness.
fromHomebuilding
2 days ago

Homeowners warned over potential 20% exit tax on property

Leaving the UK could soon become more expensive for homeowners if a proposed exit tax is introduced for those looking to emigrate from the UK. The government and HMRC currently say there is no general exit tax in force, but recent reporting shows Treasury officials are modelling options and Ministers have not ruled out new measures. If you are buying a house in the UK now, or already own one, the way exit rules are drafted could affect whether you pay tax on that property.
UK politics
[ Load more ]