Greg had the British “high society” of life. The British so-called “high society” Life should be like this: have a five-bedroom apartments; home two servants (one maid, a butler); in southern France, has an apartment, a yacht; has two luxury car; year, there are two long and luxurious vacation. For many Britons, the can live such a life is very happy.
So in today’s Britain, how much money to be able to support this kind of life? The Bank of England, according to a latest research report, at least 3 million pounds in order to guarantee his life to enjoy such a life. The report said that the UK is a high-tax countries, personal annual income over £ 35,000 must pay up to 40% of the personal income tax, while the inheritance if more than £ 250,000, but also to pay 40% of the estate, thus United Kingdom tax is sitting on three million pounds of assets is not easy.
The report said that 25 years ago, £ 500,000 that kind of life more than sufficient. But now, a millionaire living costs have greatly increased, in part because of shrinking the value of pounds. It is estimated that the early 80s of last century to 100 million pounds have been the equivalent of today’s more than 280 million pounds.
Financial experts pointed out that “has always been 100 million pounds in cash or assets are believed to be very rich, they do not work is too extravagant life. But now, relying on the money over the life of high society is not good enough.”
