~theguardian-world | Bookmarks (3)

Prospect of party closing Tory ‘loopholes’ if elected prompts some wealthy individuals to explore a move overseas“People are jumping on planes right now and leaving,” said Nimesh Shah, the chief executive of Blick Rothenberg, an accountancy firm that specialises in advising very rich “non-doms” on their tax affairs. “I am not being dramatic, they are leaving right now.”Shah said his clients – some of...

The chancellor’s biggest giveaway is likely to be a further cut to national insurance contributionsJeremy Hunt is due to set out the government’s plans for tax and spending in his budget on Wednesday. In what is expected to be the last budget before a general election, the chancellor’s biggest giveaway is likely to be a further cut to the national insurance contributions paid by...

Hunt draws comparisons with Thatcher’s tax-slashing chancellor as he claims UK is ready for economic boomJeremy Hunt has compared himself to former tax-cutting chancellor Nigel Lawson, as he joined Rishi Sunak in teasing further potential cuts in the spring budget.Writing in the Mail on Sunday, the chancellor drew comparisons with the late Lawson, who was known for slashing personal taxation while serving in the...