Seeking Low Taxes if Rich is Now a `Lifestyle Choice`

“I love this country but I’ve had enough” ~ actor Ray Winstone

Daily Mail on Richard Branson and Daily Mail on Ray Winstone

…Sir Richard Branson has had to defend his tax arrangements after a spotlight was cast on the billionaire’s decision to move to his luxury island in the Caribbean.

The entrepreneur, one of the most public advocates for British industry across the world, has not paid taxes on non-UK personal income since moving to Necker Island in 2007.
The founder of the Virgin empire has sold or transferred property he owned in the UK to his grown-up children, Sam and Holly.

A report in The Sunday Times highlighted the lack of British tax being paid by Sir Richard, who is frequently pictured with Union Jacks and has been reported to talk disparagingly of tax exiles.

Sir Richard said, in a blog post on Sunday, that he moved to the island seven years ago for lifestyle reasons….

Another article makes the point that “Critics of Sir Richard jumped on comments he made this year that Britain’s tax system was ‘reasonable’ compared with France’s. Responding to the actor Ray Winstone’s claim that he could see himself leaving Britain because the country was being ‘raped’ by high taxes…”