joeyclose.bsky.social profile picture

Jon close

@joeyclose.bsky.social

419 Followers

4020 Following

Wealth editor and formerly credit guy at with intelligence.

  1. but also, we're talking about the official residence of people who travel, like, a lot. Many didn't have taxable income in the UK anyway, so they can still spend just as much as time and money in the UK as before. If they sell up, and rent when they do come, then even more really.

    0
  2. A local very vocal example always gets me. Someone whose income comes from abroad, but owns a castle here with a restaurant. If they personally leave, the business will most likely stay, and they weren't paying tax on their other income anyway. So like, who cares anyway?

    1
  3. Yea, but if it's a level playing field that's more important to them than accuracy for the most part, at least in terms of selling the financial products. I would imagine the firms with the clout to speak up are also the ones least reliant on public data, and so least incentivised.

    0