Mr James Dyson faced criticism from UK lawmakers for relocating his company. - Dyson
LONDON (Bloomberg): James Dyson has switched his residency from Singapore to the Uk, reversing a move he made about two years ago after his technology firm revealed plans to relocate its headquarters to the city-state.
Dyson, 73, now primarily lives in the UK, according to filings for companies the billionaire controls including his family office Weybourne.
Similar filings cited Singapore for the entrepreneur’s residency in 2019 after his company said it would move its head office there as the maker of bagless vacuum cleaners focused increasingly on Southeast Asia.
"We do not comment on private family matters and nothing has changed in respect of the company, ” a Dyson spokesperson said.
"The structure of the group and the business rationale underpinning it are unaltered.”
Dyson, a prominent Brexit supporter who’s worth US$29 billion, faced criticism from UK lawmakers for relocating his company.
Now he’s at the centre of another controversy after he texted Prime Minister Boris Johnson in March 2020 to get assurance that his staff wouldn’t face a change in their tax situation if they came to the UK to help make ventilators in response to Covid-19, according to a BBC report.
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