So let’s think about what this would mean for financial services. Would they be part of an overall deal? And if yes, what would that deal look like? Like with the overall negotiation, for financial services we have also seen a steady decline in expectations of how deep the integration will be after Brexit.
Starting from January 2007, the end-of-period capital accumulated over contributors’ working lives is subject to a proportional tax rate that is equal to 15 per cent but can go down to 9 per cent depending on the length of the investment period; 13 in comparison, the lowest personal income marginal tax rate is 23 per cent.