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Keyword: bigbosses

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  • Hundreds of bosses flee UK over 50% tax

    12/12/2009 6:29:45 PM PST · by bruinbirdman · 51 replies · 2,186+ views
    The Times ^ | 12/13/2009 | Robert Watts and Maurice Chittenden
    Britain’s financiers and entrepreneurs are quitting the UK at a rate of 10 a week to avoid Labour’s new 50% taxes. The burgeoning exodus threatens to deepen a £178 billion black hole in the public finances and leave middle-class voters with higher taxes for years to come, figures obtained from Companies House reveal. The number of directors of British businesses registered as living in the low-tax centres of Jersey, Guernsey or the Isle of Man has risen by almost 500 to 6,729 in the past 12 months. The British Virgin Islands is also a popular destination, with 615 directors of...