Senior talent not deterred by 50p tax rate, KPMG survey reveals

Employer fears that the 50p tax rate for high earners would prevent them attracting senior talent into the UK appear unfounded, according to research from KPMG. The firm’s survey of 50 large companies showed a dramatic change in perception of the tax’s impact with only 13 per cent of employers saying it had hindered UK recruitment since it came into force in April 2010.