TaxCorporate TaxUK has become ‘business unfriendly’, warns Izza

UK has become 'business unfriendly', warns Izza

ICAEW boss says tax changes have cost London and UK good business reputation

London has lost its status as the best place for international companies to
do business, ICAEW chief executive Michael Izza has warned ahead of the Budget.

‘People I talk to are openly questioning whether or not they should be based
in London or should move themselves and their corporate headquarters to more
favourable climes,’ Izza said on his blog.

He added: ‘ Wednesday’s budget will be the only chance the Chancellor has to
reverse this – to leave it will be too late.’

Izza said he would do little to change the tax system if he were the
chancellor, but would work on simplification.

Further reading:

Time for a comeback

Financial power list 2008

Related Articles

Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

3m Alia Shoaib, Reporter
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

3m Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

3m Clear Books | Sponsored
CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

Corporate Tax CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

3m Austin Clark, Reporter
‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

3m Emma Smith, Managing Editor
Should I incorporate my buy-to-let business?

Corporate Tax Should I incorporate my buy-to-let business?

4m Emma Rawson