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’.
The government is pressing ahead with changes to the way it taxes individuals with a foreign domicile
I will feel slightly awkward when I write to the client who is about to receive a large invoice from the PAYE expert, offering him the fee protection going forward
IHT take up 17% in just a year as more estates pass tax threshold
The Treasury is consulting on how businesses remunerate their staff to assess whether companies are artificially using benefits in kind to avoid tax