Concern at UK tax rule change

CHANGES to the UK tax rules will have an adverse impact on Jersey’s finance industry, according to a senior practitioner.

Anthony Cooke-Yarborough, chief executive officer of Mourant’s private wealth division, says that the industry has been ‘taken aback’ by the proposals, first announced in October.

UK Chancellor Alistair Darling will announce his final Budget plans tomorrow which are expected to clamp down on wealthy residents living in the UK but not paying tax there. (from this is Jersey)

The UK Chancellor will get his way....

GOOD! ITS ABOUT TIME THIS IMMORAL WAY OF JERSEY EARNING A LIVING WAS STOPPED, LETS HOPE THEY CLOSE DOWN ALL THE TAX HAVENS AROUND THE WORLD, what will all the suits do for a living? hope they clear off back to the uk.