City leaders call for a review of the tax system

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City leaders to call for review of tax system

Groups including the City of London Corporation, UK Finance, TheCityUK, the Investment Association and the Association of British Insurers are preparing a letter to the Government calling for the tax burden on entrepreneurs and the broader finance industry to be reviewed. The letter will call for the Treasury to launch a review alongside other measures aimed at ensuring the industry"s competitiveness in the post-Brexit period, including reforms to Britain"s immigration system, a network of regional regulatory offices to work with start-up businesses, and the creation of a new forum comprising the finance sector, government and regulators.

Source: City AM (19/06/2018) Sky News (19/06/2018)

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