Jun 9, 2024
Analysis
The Lib-Dem buyback tax won’t raise £1.4bn, and could raise nothing
The Lib Dems are proposing a 4% tax on share buybacks that they say would raise £1.4bn/year. It’s based on a similar proposal in America. But circumstances in the US and UK are very different. This means that the rationale for the US tax isn’t relevant to the UK and, more importantly, that the Lib […]
