Guinness brewer Diageo has threatened to leave the UK over the new 50% tax rate on high earning individuals and what it sees as high corporation tax.
In last year’s budget, Chancellor Alistair Darling said that salaries over £150,000 will have to pay a 50 per cent tax rate from April this year. There are fears that this could push the largest companies away from UK shores and Diageo’s is the latest in a growing list of warnings about potential relocations that…
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