The UK proposed an exit tax of 20%. Rachel Reeves recently mentioned that she considers exit and/or mansion taxation in the UK for everyone that wants to leave the country. However, most people misunderstand or even underestimate what this exit tax would actually mean.

In this episode, Ricardo Gorski, founder of Tax.One explains everything you need to know about an upcoming exit tax, how this would affect you and how you can protect yourself as a British taxpayer.

Ricardo also prepared an Exit checklist that includes all important steps for leaving the UK and relocating to a new (low tax) country.Ricardo has been warning Britons for a long time about a potential exit tax and now it has become official.Especially with the upcoming Autumn budget on November 26th, the chances are high that this exit tax can be implemented as early as this year.As soon as there are more official updates from the government on how the taxation would look like exactly, we will update you here on this channel .Other than that, we are more than happy to assist you in an individual consultation call regarding your relocation to a low-tax jurisdiction.Tax.One helps individuals and businesses to relocate to low tax jurisdictions and pay as little tax as legally possible.