The way I think of it, if you have a business that's easy to just pick up and move to Dubai, you've already done it. It's not as if tax is on the whole some sort of cliff; people have been able to leave the UK for a long time, and there isn't some particular tax that will push out everyone if it's enacted.
So whatever exodus occurs will be on the margin, where a few people throw up their hands and go "oh I've had enough".
At the same time, you have plenty of things tying people down: friends and family, business opportunities, kids in school.
So whatever exodus occurs will be on the margin, where a few people throw up their hands and go "oh I've had enough".
At the same time, you have plenty of things tying people down: friends and family, business opportunities, kids in school.