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Wealthy individualsTelegraph
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66% Informative
Wealthy individuals and entrepreneurs are already fleeing Britain as fears grow over a raft of tax rises in Rachel Reeves’s first Budget .
Experts warn that the Chancellor risks ruining hopes of faster economic growth with a widely expected increase in capital gains tax ( CGT ) Italy , the United Arab Emirates (UAE) and Switzerland are among the most popular destinations.
Fears of a tax raid among Britons who own businesses, property and other assets have intensified over the summer .
Gains made from selling a business are currently taxed at 20pc but many investors are concerned that Labour will seek to equalise these rates with income tax.
Entrepreneurs have started to draw up emergency plans to quickly take money off the table before any tax increase hits.
VR Score
72
Informative language
73
Neutral language
46
Article tone
semi-formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
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