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UK should have an “exit tax” like Australia and Canada. The UK is an international outlier in not charging Capital Gains Tax (CGT) on wealthy people who leave the country

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Submitted ⁨⁨1⁩ ⁨day⁩ ago⁩ by ⁨dwazou@lemm.ee⁩ to ⁨unitedkingdom@feddit.uk⁩

https://www.lse.ac.uk/News/Latest-news-from-LSE/2024/j-October-2024/uk-capital-gains-exit-tax

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  • splonglo@lemmy.world ⁨1⁩ ⁨day⁩ ago

    The rich DO love slurping up all of our money and then living somewhere else where they don’t have to pay any tax.

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  • hbm@feddit.dk ⁨1⁩ ⁨day⁩ ago

    And the US after that facebook guy went to SGP prior to the IPO. It’s a little ew in my (personal) book — a cover charge to leave the bar if you still have money for more drinks, but hey …

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