Henderson Group, a prominent British asset manager, is believed to be close
to relocating offshore, becoming the latest business to snub the UK’s corporate
According to a report in
Telegraph, Henderson will announce its interim results today and the
decision whether to move abroad will be made official.
Henderson is just one in a string of companies shifting which have mulled
moving operations offshore, but is believed to be one of the first in financial
According to Mike Warburton, senior tax partner at Grant Thornton, the
company’s decision to move is of grave concern for business and the City.
‘The Treasury needs financial services businesses to start upping sticks and
going abroad like it needs a hole in the head,’ he said.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states