London attracts the most wealthy people from around the world due to its mild
The city has 23 resident billionaires, of which 11 are not homegrown.
Although New York can claim 34 billionaires residing in the city, most are from
the US, according to a survey by
Lakshmi Mittal of Mittal Steel, Chelsea FC owner Roman
Abramovich, and Dutch heiress Charlene de Carvalho-Heineken are the richest
billionaires residing in London.
Forbes.com’s Paul Maidment said that UK tax laws enabling foreigners to be
taxed only on UK earnings meant that the
was viewed as a tax haven by the ‘mega-rich’.
Following recent issues with HMRC’s personal tax computation software, Brian Palmer of the AAT questions whether the government’s implementation timeframe for Making Tax Digital is realistic
The first phase of a process to restrict the amount of tax relief for residential landlords to the basic rate of tax will enter into force on April 6
Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attractive to HNWIs
The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform