tax rates

UK tax regime likely to prompt more people to move abroad, especially business owners, research suggests

by Ray Clancy on January 21, 2010

More British people are hoping to emigrate with entrepreneurs in particular looking for countries with more favourable tax rates, according to research.

Only 17% of entrepreneurs believe that the UK is an attractive place to launch new business, according to a report from Investec Private Bank and the Entrepreneurs’ Organisation. While 88% were confident that revenue from UK business would increase in 2010, many indicated a desire to emigrate and transfer their money and their business abroad. [click to continue…]