The city could lose the war for talent over changes to higher rate tax and
national insurance, warns Grant Thornton.
The increases in tax mean higher earners will face an effective 46.5% rate,
which could ‘erode’ the UK’s competitive position for talent, said Grant
Thornton head of its national tax office Francesca Lagerberg.
‘In the global war for talent, this must damage the City’s ability to attract
and retain the brightest and best, and over time is likely to erode the UK’s
competitive position,’ said Lagerberg in the
In the pre-Budget report the chancellor said the personal allowance would be
halved for those earning more than £100,000 from 2010, and abolished for those
earning over £140,000 from 2011. National Insurance will rise by half a percent
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy