Richard Harpin warns

Entrepreneur Richard Harpin says wealth tax would be devastating for british business.

“We've clearly seen people have already left the uk, and we don't want to see more people leave.”

Prime minister Andy Burnham

Prime minister Andy Burnham reportedly wants capital gains tax rates closer to income tax rates.

Wealth tax threat

Self-made billionaire Harpin says wealth tax would be absolutely devastating for british business.

“It's a difficult job as an entrepreneur. Failure is only one step away.”

YouGov poll

Yougov poll shows up to one in ten uk adults considering leaving country due to tax changes.

Harpin's business story

Harpin started home serve with £50,000 savings in 1992 and faced financial crisis twice.

“We literally saw our life savings go down the drain in the space of six months”

Home serve growth

Home serve grew from one million customers in uk by 2010 to five million globally.

Home serve sale

Harpin sold home serve for £4.1 billion in 2023.

Harpin's advice

Harpin says entrepreneurs need incentives to work 24/7 and take risks to grow businesses.

“There's got to be incentives for risk-takers to invest and work 24/7 to make a business successful here in the uk”

Tax policy debate

Over 100 millionaires including gary lineker and brian eno want wealth tax but harpin says billionaires shouldn't pay more tax.

“I don't think they should”

Chancellor's decision

Chancellor john healey reportedly rejected calls to raise cgt to match income tax rates.

Harpin's book

Harpin published 'how to make a billion in 9 steps' this summer.

UK business advantage

Harpin says uk remains best place for global businesses despite economic challenges.

“I still believe that there is no better place in the world to run a global business from”