Originally Posted by
Chip
Dangerous business taxing the rich hard, as they are typically the people with the most choices about going and living somewhere else and hence paying no tax here at all if they think they are being taxed too hard.
makes the situation very serious for my parents now as i think they will now permently move and live on the yacht and only visit the UK for (what is it 56 days a yr)
I know when i just spoke to my dad before he is now moving Money, Bond out of this country and gonna buy a place in spain & not have a UK base and use the money over there, but we will have to see as they are thinking about bring the yacht back from the caribean and having it in the Med again (so i get to do the Atlantic crossing again
)
The only advantage to me is nice cheap holidays in a mint part of spain & on the boat whenever i want