Rachel Reeves Targets UK's Wealthy With Exit and Mansion Taxes Among Options
TL;DR
Bloomberg reports Reeves considering 20% exit tax that could raise £2B.
Reports on Treasury consideration of 20% 'settling-up charge' exit tax that could raise £2B. Documents the policy response to wealth emigration—and implicitly the tension between capturing revenue and accelerating departure that the fitness landscape model predicts.
Key Findings from Bloomberg (2025)
- Rachel Reeves considering 20% 'settling-up charge' on departure
- Exit tax could raise approximately £2 billion
- Options include mansion taxes alongside exit levies
- Policy response to accelerating wealth emigration