Labour Eyes Punitive ‘Exit Tax’ on Wealthy Britons Fleeing UK

Critics warn Reeves’ plan risks driving investment and talent overseas. Labour Chancellor Rachel Reeves is reportedly considering slapping a “settling-up charge” on wealthy Britons who choose to leave the UK, a move critics say would punish success and accelerate the exodus of high-net-worth individuals already fleeing her government’s tax policies. Under plans being developed ahead … Continue reading Labour Eyes Punitive ‘Exit Tax’ on Wealthy Britons Fleeing UK