Re: The traditional CF voting intentions thread, week 5
 

Really worried that bookies might have been stung :shocked:

Re: The traditional CF voting intentions thread, week 5
 

In which case they will emigrate and take their wealth with them. Sounds reasonable….:rolleyes:

Re: The traditional CF voting intentions thread, week 5
 

Where to? No freedom of movement doesn’t make it as easy as it used to. Not everyone wealthy has the ability to make as much money while resident elsewhere. Or that they’re not dodging massive amounts of tax anyway. It’s a scaremongering myth.

There’s no country in the world crying out for Brit tax dodgers to come over and dodge tax there.

Re: The traditional CF voting intentions thread, week 5
 

Golden visas to Portugal Greece, 7% tax, Monaco, 0% tax, etc... one needs just 500,000 Euros. Google it..

https://getgoldenvisa.com/portugal-golden-visa-program

Re: The traditional CF voting intentions thread, week 5
 

If it’s that easy those people are already gone. Those left have other factors tying them to the UK. Such as their income depending on doing business in the UK, with skills or business that isn’t easily transferable.

14 years of Conservative government has given us the highest tax burden ever.

Re: The traditional CF voting intentions thread, week 5
 

Correction: Portugal wants only 250,000 euros investment but not in property.

Monaco, 0% tax

https://monaco-citizenship.info/index.html

The real problem is the non-dom status: you might be able to be in the UK only 90 days a year (currently 180 days)

Re: The traditional CF voting intentions thread, week 5
 

As I say, anyone who can go is already gone. Nobody is going to move because their threshold to do so was above the current level.

Re: The traditional CF voting intentions thread, week 5
 

The Rolling Stones moved to France to avoid our tax rates in the 1960s. That was before the EU.

Re: The traditional CF voting intentions thread, week 5
 

And before the highest tax burden ever from a supposedly Conservative government.

I'm not quite sure your average Brit who hasn't already left, or got a fancy accountant fiddling everything for them, has the same international income streams as The Rolling Stones.

Re: The traditional CF voting intentions thread, week 5
 

The money left, but the Brits are still here, waiting for Rachel Reeves to react ... she already made a complete U-turn on the Life time Allowance (pensions 2-3 million quid worth)

Fancy accountant: that is a "wealth advisor"; there are plenty of them around, Fidelity in London charges £5K, Barclays (Jersey) the same. They will make your money disappear magically. Reeves has been told to hire one of these advisors as a consultant, she seems to start listening.

Re: The traditional CF voting intentions thread, week 5
 

Not convinced they wouldn't lobbying on behalf of their clients, and scaremongering , more than offering credible tax advice to government.

I genuinely doubt many people pack their bags and sit on election night with the excitement of staying in the UK or leaving everything behind should a Labour government get in that will make slight changes to the tax system.

I'm also unconvinced if the money has left the benefit of having the people? They're not spending vast sums in the UK economy if it's holed up in a tax haven, and unlikely to invest in a UK business isolated from the single market.

Pure scaremongering. Pandering to it only guarantees more of the same. Austerity. Stagnation.

Re: The traditional CF voting intentions thread, week 5
 

Remember when tens of thousand of rich people left when Blair was elected in ‘97?

No, me neither… ;)

In fact, what actually happened to the comfortably off/wealthy…

https://www.cableforum.uk/images/local/2024/06/2.jpg

https://journals.openedition.org/osb/1174

Re: The traditional CF voting intentions thread, week 5
 

It looks like the electoral reckoning for the Conservatives is still coming in 10 days time.

https://redfieldandwiltonstrategies....-24-june-2024/

Re: The traditional CF voting intentions thread, week 5
 

I said

The money left, but the Brits are still here, ;)

Re: The traditional CF voting intentions thread, week 5
 

They have plenty of not so hidden tax rises . Not putting up allowances is a not so hidden tax rise which hits the lower paid more closely than the well off. Given the way Welsh labour mess things up who ever gets in the UK is in for a rough ride. The other man's grass etc :dunce: