Edwin Coe part of national debate on Andy Burnham’s proposed tax and devolution reforms
Commentary from Sean Bannister, Head of Tax at Edwin Coe, on Andy Burnham’s proposed reforms has been featured in over 270 publications, including Yahoo News, Law 360, The Banker, IFA Magazine and Tax Notes.
Sean suggests that a “fundamental reshaping” of how the UK economy is managed could occur if Burnham wins the leadership contest.
“It’s about much more than the location of government departments. Greater fiscal powers for regions could mean different approaches to taxation, investment incentives and economic policy across England.”
“That clearly creates opportunities for regions to compete and innovate, but at the same time risks adding complexity for businesses operating nationally if the framework is not carefully designed.”
To read the full article from Yahoo News click here.
For our clients, including high-net-worth individuals, entrepreneurs, families and investors, proposals of this scale could have a direct impact on structuring, residency and cross-border planning.
We look forward to working closely with clients to help them understand what this could mean in practice, and how to respond with confidence.
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