|
|
12 Feb 2008
London is facing a mass exit from the Greek shipping industry because of plans to levy a £30,000 charge on non-dom taxpayers.
According to the FT there are 100 family shipping businesses in the UK that contribute $10bn (£5.12bn) to the UK economy.
These families, representing about a fifth of the Greek-backed commercial shipping fleet, are now making plans to relocate to Athens to avoid the government's plan to charge non-doms a £30,000 levy to keep off-shore income tax free.
At least 30 shipping companies have left London since 2000 because of concerns that foreign income would be made liable for UK tax.
Further reading:
You may also like
Search thousands of financial jobs:
£25000 - £80000 per annum: Pro-Finance: auditors City of London ...
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment