How does Richard Branson pay no UK tax while living on Necker Island?
Branson pays no UK tax on foreign income because he is genuinely non-resident under the Statutory Residence Test, and the BVI charges no income tax.
How did moving to Monaco change Jim Ratcliffe’s UK tax bill?
Ratcliffe became non-UK resident, so the UK can only tax his UK-source income. Monaco taxes none of it. The £4bn figure was an estimate, never confirmed.
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