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September 3, 2026

VCs rejoice as UK government rules out spinout exit tax

Reports had suggested an incoming levy on university spinouts that move abroad

Tom Nugent

6 min read

Investors have welcomed news that the UK government is not set to introduce an exit tax for university spinouts that leave the country, following rumours that a new levy would be introduced. 

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Tom Nugent

Tom Nugent is Sifted’s managing editor. He covers robotics, chips and university spinouts. Follow him on X and LinkedIn

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