Serving over 2 Million visitors each year

Search
Comprehensive Online Business Insurance
Tailored PI, Office, Public & Employers' Liability Insurance
Are you covered? Read our Essential PI Guide
Get a Quote and buy online in minutes

Huge demand down under for British firms

print  e-mail 

A leading British based emigration specialist says the CBI is right to highlight the increasing number of UK business owners moving overseas to avoid high tax rates.

The Chester based Emigration Group, which helps thousands of potential migrants move to Australia and New Zealand each year, said both countries are keen to attract disaffected British businesses to drive their young and dynamic economies.

Mike McShane of The Emigration Group said:

“Hacked off UK based business owners need to know that there is a massive demand and significant incentives to relocate their firm down under,’ he said. “Both Australia and New Zealand have no inheritance tax for example while New Zealand has no capital gains tax in most instances.

“Successful British bosses looking to break free from the shackles of red tape and high taxes will be welcomed with open arms down under. Both Australia and New Zealand have the advantage of a shared language, a common basis for commercial law and similar business culture.”

Mr McShane said sectors presenting opportunity to British firms include creative and media, food and drink, recreation and leisure industries, agriculture, mining, oil and gas, telecommunications and biotechnology.

Posted October 18, 2006
Latest articles in Latest News
 
One in three graduates plan to work for themselves
New research suggests that the lack of traditional opportunities available to university leavers has led to a significant proportion of graduates planning to go it alone. [July 29, 2010]
 
Business angels use gut instinct when choosing investments
New research has shown that Angels Investors (high net worth individuals who invest money and knowledge into companies who require funding) mainly follow their intuition ahead of financial calculations when deciding whether to invest in a company. [July 26, 2010]
 
Small business confidence "still fragile"
A recent survey suggests that business confidence has declined over the second quarter of 2010, suggesting that the recovery remains fragile and more efforts should be made to encourage private sector growth. [July 23, 2010]
 
Limited company formations rise following two year slump
The number of new companies has started to rise again following two years of steep falls caused by the banking crisis, according to a Top 25 accountancy firm. [July 13, 2010]
 
Number of business insolvencies down over 10%
The latest PwC analysis into corporate insolvency numbers shows that the effect of the downturn on UK business is showing more signs of easing. 3,467 companies became insolvent in the second quarter of 2010. [July 7, 2010]
 
Vince Cable heads up new committee to slash red tape for small businesses
Vince Cable has chaired the first meeting of a new tough Cabinet committee, tasked with the job of slashing the amount of red tape small businesses have to deal with. [July 5, 2010]
 
Small businesses warned to expect public sector contract cuts
Companies who have contracts with the public sector are being urged by the ICAEW to prepare for possible cuts. Includes a contract review checklist for small companies who may be affected. [June 7, 2010]
 
Most entrepreneurs expect to increase number of employees in 2010
New research has revealed the important role Britain’s leading entrepreneurs will play in helping to offset the inevitable job losses which will take place in the public sector over the next few years. [May 21, 2010]
 
Coalition unveils plans to cut red tape and encourage small businesses
The new coalition government has unveiled a more comprehensive summary of its "programme for government", which contains many plans which could benefit the UK's small businesses. [May 20, 2010]
 
Cutting the UK's budget deficit the key priority for small business owners
Two major surveys show that small businesses are overwhelmingly in favour of making tackling the UK's budget deficit the key priority for the new government. [May 19, 2010]
 
Entrepreneurs 'pessimistic' about the outlook for businesses in 2010
The UK’s entrepreneurs are pessimistic about the business outlook for 2010, and scathing of the Government’s efforts to drive small business growth, according to a new study. [May 7, 2010]
 
Most small companies think UK tax system is too complex
The vast majority of the UK's small companies feel that the current tax system it too complex, and would like to see it simplified, according to a major survey of over 2,000 business owners. [May 4, 2010]
 
Most people none the wiser about party tax policies ahead of election
Although 43% of UK citizens believe that tax will play the biggest role in the upcoming general election, over 80% feel they have little or no real understanding of the main parties' tax policies. [April 27, 2010]
 
Most small companies not planning for post-recession recovery
Research from The Open University Business School has revealed that only one in nine small firms are implementing post-recession recovery plans. These firms are also the most optimistic about their immediate prospects. [April 15, 2010]
 
Larger 'Time to Pay' agreements will cost on average £42,500 says accountant
The average cost for the Independent Business Review needed for larger “time to pay” agreements is estimated to be £42,500, according to a leading accountancy firm. [April 9, 2010]
 



Click Here


Our Partners
Key Services
Key Services
Useful Guides
Archived News

© Bytestart Limited 2005-2010 - All Rights Reserved | Terms of Use | Site List | Website Feeds | Rss Feed RSS Feed

Business Insurance, Business Bank Accounts, Public Liability Insurance, Professional Indemnity, Startups, Limited Company, Sole Trader