Aug
28

End Entrepreneur Tax Break to Fund Health Service, U.K. Urged

By
  • Resolution Foundation calls the tax break the U.K.’s worst
  •  Says 2.7 billion-pound cost could part-fund boost for NHS

Prime Minister Theresa May could help meet her 20 billion-pound ($26 billion) funding pledge for the National Health Service by scrapping what’s being branded as the worst tax break in Britain.

Entrepreneurs’ Relief, which cost an estimated 2.7 billion pounds in foregone revenue in the last fiscal year, is “expensive, ineffective and regressive,” the Resolution Foundation think tank said in an analysis published Wednesday…

End Entrepreneur Tax Break to Fund Health Service, U.K. Urged

Share
Categories : Finance

Leave a Reply

You must be logged in to post a comment.