Residents in London and the South East made up 62 percent of UK taxpayers admitting avoiding tax by hiding assets offshore last year (2022), according to national accountancy group UHY Hacker Young.
Last year, 3,054 taxpayers voluntarily disclosed to HMRC that they had not paid tax on assets they held offshore. 1,903 of these individuals lived in London or the South-East of England.
London’s South West postcode area – including Chelsea, Fulham and Wimbledon – ranks fi...
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