Margaret Thatcher
Margaret Thatcher's home - Chester Square, London is registered to Bakeland Property Ltd, Jersey.
Thatchers home is estimated to be worth at least £2.5m. As she is not the registered owner she has potentially avoided at least £100,000 in stamp duty and £900,000 in inheritance tax.[1]
References
- ↑ The Guardian 'Special Investigation: Tax loopholes on homes benefit the rich and cost UK millions: Choice homes, virtually tax free'. 25th May 2002