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...
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