Even the Germans are angry at Darling's tax rises

December 20, 2007 3:54 PM

From today's Financial Times:

"German industrialists have urged Alistair Darling to rethink his “highly regrettable” tax changes for foreign residents. German Industry UK, which represents 250 companies in Britain, wants the chancellor to postpone the new tax measures and allow a period of thorough consultation...


"Some German businesses have been angered by the changes, announced in the pre-Budget report, because the tax break had been used as an incentive to attract Germans to the UK. Without it, the UK’s disadvantages, such as the climate and high cost of living, would weigh on managers’ considerations, Mr Atenstaedt said. It was “not only the super-rich who would be affected, but also hard-working industry people”. He estimated that 10,000-20,000 Germans were working in Britain."

It comes to something when tax rises by Alistair Darling are criticised by high-tax Europe!

From today's Financial Times:

"German industrialists have urged Alistair Darling to rethink his “highly regrettable” tax changes for foreign residents. German Industry UK, which represents 250 companies in Britain, wants the chancellor to postpone the new tax measures and allow a period of thorough consultation...


"Some German businesses have been angered by the changes, announced in the pre-Budget report, because the tax break had been used as an incentive to attract Germans to the UK. Without it, the UK’s disadvantages, such as the climate and high cost of living, would weigh on managers’ considerations, Mr Atenstaedt said. It was “not only the super-rich who would be affected, but also hard-working industry people”. He estimated that 10,000-20,000 Germans were working in Britain."

It comes to something when tax rises by Alistair Darling are criticised by high-tax Europe!

Latest Blogs:

TaxPayers' Alliance Icon

Working for the taxman

6:00 AM 26, Nov 2016 Harry Fairhead

TaxPayers' Alliance Icon

Further thoughts on the Autumn Statement

4:56 PM 24, Nov 2016 James Price

TaxPayers' Alliance Icon

Have we had too much austerity?

10:57 AM 23, Nov 2016 Alex Wild

TaxPayers' Alliance Icon

Launch a War on Waste and simplify taxes

9:45 AM 23, Nov 2016 The TaxPayers' Alliance

TaxPayers' Alliance Icon

Reforming capital taxes

6:00 AM 19, Nov 2016 Harry Fairhead