The prime minister's tax planning has received a lot of press coverage in the past week but according to Paul Wilcox, chairman of Way Investment Services, his actions were a natural response to heavy UK regulation and his family's IHT arrangements a ‘typical' mitigation solution.
Wilcox explained that investment in offshore funds, such as Blairmore Holdings, are a "natural response" to heavy UK regulation rather than an attempt to avoid tax. Cameron's father helped set up the...
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