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The Nexus
BUSINESSJul 29 · 14:46 UTCFORTUNEOrianna Rosa Royle

Millionaires are leaving the U.K. in droves thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay

The number of UK millionaires has decreased due to tax hikes and inflation, with the Labour government and new PM Andy Burnham considering higher taxes. The CEO of Taxfix, Martin Ott, argues that wealthy individuals have a social responsibility to stay and invest in the UK despite potential tax increases.

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Millionaires are leaving the U.K. in droves thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay · The Nexus