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’.
Making Tax Digital responses to the consultations expected in January 2017
Further corporation tax cuts and reliefs for cutting-edge tech businesses have been pledged by prime minister Theresa May, ahead of Wednesday’s Autumn Statement
The UK has not followed the global trend for reducing income tax over the past two decades
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