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Lessons from the Sunday Times Tax List – Money Minute #96

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If you’re a wealthy individual following the recent news of the Pandemic, I’m sure you’ve seen the narrative of “The wealthy need to be prepared to pay their fair share”.

What are your thoughts?

In our latest segment of “Money Minute,” I have taken the time to share why I believe there are two major problems with this way of thinking. Firstly, there aren’ enough so-called “wealthy” people to make a difference. Secondly, the wealthy are already paying huge amount of tax s evidenced by the Sunday Times rich list.

I’m sure we can rely on the government not to let the facts spoil a good story…