Global mobility, higher taxes driving UK wealth to Dubai and Europe

An increasing tax burden and general economic and political uncertainty are resulting in a steady flow of high earners in the UK, including business owners, looking at moves to more fiscally competitive jurisdictions. According to Adam Grannell, associate director, RSM, in a briefing note on 16 May, accountants, tax advisers and other professionals have an early viewpoint into fiscal trends.  Over the past 12 months, one seemingly growing trend has been the steady increase in the number of high net worth and ultra-high net worth individuals looking at emigrating from the UK, he argued...