Wednesday 17 October 2012

Esure founder ponders tax haven move

Accountancy Live: The founder of Direct Line and Esure is weighing up a move to Jersey in an effort to dramatically reduce his tax bill.  Multimillionaire Peter Wood whose wealth is estimated at £500m has been scouting out potential homes on the tax haven Channel Island, according to reports on Sky News, refuelling the debate about the government’s treatment of the UK’s super rich.

Full story: http://www.accountancylive.com/croner/jsp/Editorial.do?channelId=-601043&contentId=2312899