Harry Stebbings emphasized that a rise in capital gains tax could drive tech entrepreneurs away from the UK, indicating that it makes the country a less attractive business environment.
Stebbings stated that the potential increase in capital gains tax is 'by far the biggest issue,' questioning why anyone would choose to invest in the UK with such a high tax rate looming.
In contrast, a group of millionaire business owners believes an increase in capital gains tax could generate significant revenue without impacting their investment decisions in Britain.
Though the chancellor is considering raising capital gains tax, Keir Starmer has suggested that it might not reach as high as 39%, which he called 'wide of the mark'.
Collection
[
|
...
]