© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

UK for sale: how the wealthy hold British property via offshore firms

Exclusive: New register shines light on how businessmen, Gulf royals and states such as China have spent billions through offshore jurisdictions

The BBC chair, Richard Sharp, more than 20 Conservative donors, a string of billionaire businessmen and the Formula One driver Lewis Hamilton are among those who have declared they own UK property through offshore jurisdictions, a Guardian investigation has found.

The declarations are made on the UK government’s new register of overseas entities, brought in to increase transparency and help the tax authorities by showing the ultimate owners of British property held offshore.

Continue reading…

Related posts

Keir Starmer vows to reinstate top rate of income tax to fund public services

AEA3

Boris Johnson ally out of running for top NCA job amid cronyism row

AEA3

HSBC considering boosting new CEO’s pay package to £15m

AEA3

Pin It on Pinterest

Share This