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HNW Brits leaving UK to escape tax rate increases

News Team, 10/08/2022

Wealthy Brits are leaving the UK to escape rising taxes, according to tax consultancy firm Forbes Dawson.

The Manchester-based firm believes the number of enquiries from people looking to escape the UK owing to a rise in taxes increased “fourfold” since the start of the Covid-19 pandemic in 2019.

Forbes Dawson tax director Angela Carey said the 1.25 percent increase in dividend rates and National Insurance introduced on 6 April this year...


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