Introducing new powers previously defeated for mass financial surveillance under the guise of stopping benefit fraud
With the ease of moving abroad I’d imagine some form of citizenship tax next lolLots of Brits gonna be opening offshore EMI accounts in that case. As soon as people get paid or receive benefits the money will be transferred to their accounts abroad where UK Gov's AI eyes can't run over their spending habits etc. The less smart will indeed just take money out in cash after each received payment.
To me this seems like it may have unintended consequences.
With the ease of moving abroad I’d imagine some form of citizenship tax next lol
Eldest sibling moved to Costa RicaThis is coming make no mistake. When I said get out of EU [pre-brexit] while you still can I was not joking. I was speaking about UK also not just mainland Europe.
The UK's Potential Exit Tax: Speculation, Concerns, and Implications
https://www.mirandusaccountants.co.uk/insights/the-uks-potential-exit-tax
If numbers early next year show an exodus of high earners and wealth then you want to vanish before April 2025 budget perhaps.....lol.