Record number of UK expats escape stealth taxation

Markets & Strategies

Professional Adviser
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Record numbers of Britons are retiring abroad and exploring the benefits of leading international fi...

Record numbers of Britons are retiring abroad and exploring the benefits of leading international financial centres in a desperate bid to escape the rising stealth tax demands imposed by Chancellor Gordon Brown. Over 970,000 are claiming their pension overseas after moving in search of a better quality of life and in protest at the increasing levels of duties being levied - particularly council tax which has rocketed in recent years. As well as swelling the number of expatriates around the world to 15.5 million, it has also created a mini-boom in the amount of advice about offshore cent...

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