One in ten larger businesses ‘considered’ relocating

Andrew Goodall

‘Tax regime drives 20% of big businesses to consider leaving UK’ declared a Daily Telegraph headline on 25 August. But the research, conducted by TNS-BMRB for HMRC last year, found that just over 10% of the 1,088 respondents had considered such a move.

‘Tax regime drives 20% of big businesses to consider leaving UK’ declared a Daily Telegraph headline on 25 August. But the research conducted by TNS-BMRB for HMRC last year found that just over 10% of the 1 088 respondents had considered such a move.

Few businesses are taking the idea forward said Mark Lee chairman of the Tax Advice Network. Questions concerning possible relocation were ‘out of place’ in a survey about HMRC services he suggested.

The researchers said 18% of Large Business Service (LBS) businesses had considered relocating to another country for tax purposes. ‘This falls to 14% of Large and...

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The researchers said 18% of Large Business Service (LBS) businesses had considered relocating to another country for tax purposes. ‘This falls to 14% of Large and...

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