Just wondering if he's in some special sort of rich club that has different tax laws to the rest of us.
2007-10-15 12:29:59 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United Kingdom
Very little if he has a good accountant. Most of his money will be in trusts for his children.
Rich people don't pay tax, they pay accountants.
2007-10-16 08:51:33 · answer #1 · answered by Philip W 7 · 0⤊ 0⤋
Exactly - he will pay none. His inheritors will pay many, many millions of pounds.
Some of it will be sheltered, without a doubt.
But it will be a big bite.
2007-10-15 19:38:49 · answer #2 · answered by vic91106 7 · 1⤊ 1⤋
Well probably none in the UK.
He's a non dom!
2007-10-16 13:27:30 · answer #3 · answered by Do not trust low score answerers 7 · 0⤊ 1⤋
He won't pay any - he'll be dead.
2007-10-15 19:35:29 · answer #4 · answered by Angie 6 · 1⤊ 1⤋