Most international exit tax regimes use thresholds so that only higher value holdings are affected. For example France and Spain apply their exit taxes only when shareholdings or portfolios exceed set values, and the United States exit tax applies only to ‘covered expatriates’ above particular wealth and tax liability levels.
It is therefore reasonable to expect that any UK exit tax would include thresholds, so that only gains above a specified value or only individuals above a certain net worth are caught. The exact thresholds would be a political decision and are currently unknown.
Category: UK Exit Tax
