Wealthy Britons flee to Isle of Man to escape Reeves’s tax raid

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โดย The Telegraph·Read original
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Wealthy Britons are increasingly relocating to the Isle of Man to escape tax increases introduced by Chancellor Rachel Reeves. Orry-James Creane of estate agent Cowley Groves said at least 50pc of inquiries for homes priced above £1m are from UK residents looking to move, a figure that has more than doubled compared with 18 months ago. The island’s income tax rates are less than half of those in the UK, with a higher rate of 2pc versus 40pc on the mainland, and an annual personal income tax cap of £220,000. Recent arrivals include Tyson Fury, who moved into an £8m estate, while agents report unusually high interest from entrepreneurs, investors, and retirees citing inheritance tax changes, the abolition of the non-dom regime, and higher capital gains tax rates.

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