Taxes less certain than death
There were 65 people who for 2004/05 filed a tax return declaring a taxable income of over £10 million. This information has just been given to the BBC by HM Revenue and Customs, in response to a freedom of information request.
However, in the Sunday Times Rich List for 2005 there were 65 entries with a wealth of at least £700 million, while 250 entries had at least £200 million and 500 had £100 million. So these people may be super-rich but they're not very good at generating income and converting their wealth into even more money, are they? Or am I missing something?