The move, which has been labelled ‘crazy’ and ‘desperate’ by the shadow chancellor, could generate £2bn
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The move, which has been labelled ‘crazy’ and ‘desperate’ by the shadow chancellor, could generate £2bn
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Extremely well-off Britons leaving the UK for tax havens face having to pay a charge as they depart under plans being drawn up ahead of this month’s crunch Budget.
The UK’s growing fiscal crisis and wealthy exodus may force Reeves towards a deeply unpopular measure
Plans for ‘settling-up charge’ predicted to raise £2bn and would follow policy in place among most G7 countries
Chancellor could look to stem the flow of wealthy taxpayers leaving UK after Britain experienced its most significant drop in…
Millionaires eye English-speaking countries and favourable tax rates amid fears of fresh Reeves raid
Move marks the latest high-profile departure amid fears Rachel Reeves’s budget will drive Britain’s wealth overseas
Estimated 16,500 to flee UK as Rachel Reeves considers U-turn on non-dom rules
