Wednesday, April 22, 2009
Bye! Don’t forget to write!
Alex Henderson, tax partner at PricewaterhouseCoopers, said today's tax hike could see the City's high-earners flee to lower tax locations such as Ireland and Switzerland. "Unfortunately, the Chancellor seems to have ignored the knowledge economy entirely," Mr Henderson told The Times. "This has got to reduce the UK's attractiveness as a place to do the kind of business that requires highly-skilled and correspondingly highly-paid individuals, whether that is people choosing to go overseas or - the hidden cost - people who never come here at all.