Big Issue: Jim Ratcliffe: does he pay more tax than immigrants?
Worth some £17 billion, Ratcliffe is an immigrant himself – the British billionaire moved to Monaco in 2020. Ratcliffe was previously one of Britain’s biggest taxpayers before the move. But residents in the tax haven city state do not have to pay any income or property taxes, means he pays £0 in personal income tax in the UK.
It has been widely reported that the move could lead to £4 billion in tax savings for Ratcliffe, one of Britain’s richest men.
https://www.bigissue.com/news/social-justice/jim-ratcliffe-immigration-debunked/