Britain is saturated? A look at the fears of taxes

Stark-warning has emerged from the time of the UK’s taxes on the wealthy, which is the outcome of the mega-rich. The heavy data have not yet underpinned the trend.

The potential flight is based on changes in the British tax system: from capital growth and inheritance tax to additional coat of arms. In particular cancellation of the so -called a mode that is notWhat allowed wealthy foreigners to avoid paying taxes outside the UK and avoiding the duties on inheritance on their world assets, due to a lot of disputes.

Fear is that the outcome of wealthy people will reduce economic growth and reduce the UK’s attractiveness as a place for life, investment and business.

“We know that top -1% and top -0.01% pay a very high share of taxes in this country, so the tax base begins to shrink. The second thing you are losing the money they spend in the economy. It’s not only about people they work, but also things like philanthropists,” said Jenkins, who is now the CEO of 10x.

“What we really need the most in this country is people to start and develop business. And it means we need to be an attractive place to start a business,” he added.

There are even warnings that the Labor Party risks returning Britain to the problems of the 1970s, in particular, with the then Finance Minister Danny Hill. At that time, tens of thousands of people from the country’s drainage pushed out with high tax and business.

Adding to the uncertainty whether the current Chancellor Casit Rachel Reves Enter further changes in taxes In the upcoming autumn budget, such as a potential duty of wealth.

However, the claims against the wealthy, which are not in response to the tax increase, may be blocked. Initial tax data suggest that the number of people leaving the country are in the queue – or below – official forecasts from the budgetary responsibility department that forecast that 25% do not give up with the trusts and 12% of those with the trusts run into the UK for 2025-26 in response to the abolition of the tax status.

This causes a shadow over a widely cited report published in the Association with Henley & Partners, a British investment consultant, which claimed that in 2025 16,500 million would leave the country. Critics previously questioned the study After all, depending on the LinkedIn data, which is not reliable in finding someone’s tax.

Economist Berenberg Andrew Visarta said the potential outflow of wealthy people would affect some parts of the economy more than others.

“It will affect the upper end of the London real estate market. Thus, there will be pockets that very much affect this outcome. However, for the UK economy, it is a very small piece of cake,” he said.

The UK intends to publish an assessment of how much the country is not dominated by the new rules in 2027.