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In last month's annual Budget, George Osborne revealed a £3.3 billion hit on middle-class pensioners which will see many eventually losing the higher personal allowance.
Tax evasion is a major problem for the UK economy, but it is bringing more overseas buyers to British shores as wealthy French investors flee tax on home soil.
New French property tax laws are pushing wealthy buyers away from the traditional Riviera resorts and into Monaco say local agency and accountancy experts.
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