Government tax reform sees company directors head for havens – FT analysis

> Increasing numbers of business leaders are heading for tax havens like the UAE, according to FT analysis

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SINCE the government's introduction of stringent tax hikes on the wealthy in its inaugural Budget last autumn, a significant number of company directors have left the UK.

This has heightened concerns over a potential mass exodus of Britain's wealthiest residents.

An examination of Companies House data reveals that between last October and the previous month, 3,790 company directors changed their official country of residence from Britain.