Looks like the debts will be getting paid off sooner than expected...

[The Spartan]

I guess both Ferrari and Porsche are happy and so are their staff as they're in business

[geoff from contracta IOM]

There are a lot of marine engineers and craftsmen being kept busy building yachts. I think it is the large corporates who are hoarding it not the wealthy individuals.

BBC News - China's thirst for luxury is a boom for yacht builders

[Robinho]

They best way around this is to simply make the UK a tax haven.

[geoff from contracta IOM]

They best way around this is to simply make the UK a tax haven.

It already is, UK companies make fantastic offshore companies and the best thing is they are onshore.

[The Spartan]

Working in Switzerland has showed me just how much we get screwed in the UK, I was paying 8-9% tax here and now I only pay 5% since I got married. Whatsmore there are other areas in Switzerland where you pay even less tax than that, sure if your uber rich you pay more but it's nowhere near the amount you'd pay in the UK.

[DodgyAgent]

Working in Switzerland has showed me just how much we get screwed in the UK, I was paying 8-9% tax here and now I only pay 5% since I got married. Whatsmore there are other areas in Switzerland where you pay even less tax than that, sure if your uber rich you pay more but it's nowhere near the amount you'd pay in the UK.

Unfortunately you cant park your ocean going yacht in Switzerland

[geoff from contracta IOM]

Naming and Shaming the “Morally Repugnant” David Gauke - Guy Fawkes' blog

[The Spartan]

Unfortunately you cant park your ocean going yacht in Switzerland

Maybe I could get it transported to Lake Zurich

[AtW]

Hard to see how they can do it. Capital controls?

Get them done for tax evasion and confiscate the money.

Start war with Switzerland if necessary.

HTH

[SupremeSpod]

Naming and Shaming the “Morally Repugnant” David Gauke - Guy Fawkes' blog

He has a wife, you know...

David Gauke’s Wife is Tax Avoidance Lawyer - Guy Fawkes' blog