{"id":14822,"date":"2026-08-29T16:04:54","date_gmt":"2026-08-29T16:04:54","guid":{"rendered":"https:\/\/stock999.top\/?p=14822"},"modified":"2026-08-29T16:04:54","modified_gmt":"2026-08-29T16:04:54","slug":"spin-out-may-face-exit-tax-if-control-moves-overseas-daily-business","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=14822","title":{"rendered":"Spin-out may face &#8216;exit tax&#8217; if control moves overseas \u2013 Daily Business"},"content":{"rendered":"<p>            <\/p>\n<p>Ministers want to encourage innovative companies to grow in the UK<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Businesses that move abroad after spinning out of UK universities may be forced to pay an \u201cexit tax\u201d under plans being considered by the government.\u00a0<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Ministers want to discourage companies benefiting from taxpayer support then taking valuable intellectual property (IP) and jobs overseas.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Lord Vallance,\u00a0the former science minister\u00a0and current chairman of Andy Burnham\u2019s AI taskforce, is said to be spearheading the proposal.\u00a0<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The levy would be based on the percentage of a company\u2019s valuation if it sells or floats overseas, according to The Sunday Times.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">It is understood the plan is part of goverment attempts to halt an exodus of high-growth companies and ensure the UK taxpayer is getting value for money, though it is unclear how the exit tax would be enforced, other than to build in a levy when state support is agreed.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">About 4% of spinouts from UK universities have moved abroad in recent years, according to a Centre for Cities report published last year.\u00a0<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">There are concerns that a tax of this kind would create a barrier to some firms receiving support.<\/p>\n<p>           \t            #Spinout #face #exit #tax #control #moves #overseas #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ministers want to encourage innovative companies to grow in the UK Businesses that move abroad&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[272,578,306,234,20379,3182,20380,2616,3603,20381,4167,227],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/14822"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14822"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/14822\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}