U.K. Taxes Are Set To Rise: What Do Entrepreneurs Think?
30 August 2024
Our CEO and co-founder, Zain Ali, was quoted in this Forbes article about the planned tax rises in the UK’s 2024 Autumn Budget.
Zain shared his perspective on the effects of a potential rise in capital gains tax on the UK’s competitiveness.
“Higher taxes would be a concern, particularly in the context of competing with more tax-friendly environments abroad. In the last few years, we’ve seen advances both culturally and technologically to allow remote work. And if the U.K.’s tax burden becomes significantly higher, it might lead entrepreneurs to explore alternative locations with more favourable tax regimes,” Zain said
Read the full article at Forbes
