Saturday 23 April 2011

High Taxes and Crime Blamed for Britons Leaving the Country

THE DAILY TELEGRAPH: More than a third of wealthy British residents are considering leaving the country because of high taxes, the weather and crime.

A study by of 1,000 people with more than £250,000 in savings and investments found 35pc may move abroad because of high tax rates, while 44pc blamed the weather and 43pc want to avoid antisocial behaviour.

Recent changes in tax rules have proved controversial for many Britons, including a combination of the 50pc income tax rate on those earning more than £150,000, increases in national insurance and a reduction in personal allowances. » | Myra Butterworth, Personal Finance Correspondent | Saturday, April 23, 2011