For many years the UK has been seen as a good place for global wealth creators to do business and to invest. The tax and legislative framework is complex but generally fair and transparent.

It has been possible to live in the UK, but to hold assets in well developed offshore centres, such as Jersey, and to benefit from a number of favourable rules to reduce the tax payable.

Successive UK governments have welcomed those from overseas with visa schemes to encourage those investing in UK plc or who are willing to bring significant wealth to the country.