This article from the times discusses whether it is wise to leave the shores of the UK for tax havens such as the Cayman Islands or Hong Kong.
Many people are tempted to leave because of the high taxes, however with the falling pound; the cost of living abroad has increased significantly.
It is a must-read for people considering moving abroad to reduce their taxes as it discusses the levels paid in Europe, Australasia, Isle of Man, the Channel Islands and many others.
Read the full article: http://www.timesonline.co.uk/tol/money/tax/article6210414.ece
