Wealthy homeowners listened even more intently than usual to the Budget this week, braced for yet more painful measures to limit the attractiveness of tax havens.
According to The Times, Alistair Darling, mindful of the bill imposed on taxpayers for the bank bailouts, promised further initiatives to limit tax evasion - which costs Britain anything from £1.5 billion a year to £18 billion, depending on which estimates you believe. This measure follows the agreement to clamp down on tax havens outlined at the G20 summit in London earlier this month. Full story...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
