Posts Tagged ‘Tax Dodgers’

Big four banks (with 1,629 subsidiaries in tax havens) are rotten heart of UK economy

by Michael Meacher.

The more that comes to light about the nefarious activities of the Big four banks, the more extraordinary it is that these banks (a) demand a return to business as usual (which of course caused the financial crash in the first place), (b) continue to fight back against any reforms of a dysfunctional finance sector, feeble […]

Non-doms: this extra scam for the ultra-rich must be abolished

by Michael Meacher.

One of the scams highlighted by the HSBC Swiss bank scandal, and then quickly ignored, is the continuing absurd anachronism of the non-dom rules. Stuart Gulliver, the shamed CEO of HSBC, though living in London in order to run the second largest bank in Europe and routing his bonus through a Panamanian company to escape […]

How we should get tougher on the tax cheats

by Michael Meacher.

The revelations in the Guardian, BBC Panorama and elsewhere are truly staggering. It shows how a HSBC-owned private bank in Switzerland actively colluded with hyper-rich clients to enable them to avoid EU taxes, to conceal undeclared ‘black’ accounts from their domestic tax authorities, to help them withdraw bricks of cash in foreign currencies so as to launder […]

Introducing Stefano Pessina, billionaire tax dodger, who says Labour is bad for Britain

by Phil Burton-Cartledge.

Shiver me timbers, a billionaire businessman provides the party for billionaires some much-needed succour by attacking Ed Miliband and Labour as a ‘catastrophe for Britain‘. Stefano Pessina, the chief executive of Boots says a Labour government would “not helpful for business, not helpful for the country and in the end it probably won’t be helpful […]

Osborne sets the debt collectors on little people but ignores fat cat tax dodgers

by Michael Meacher.

Osborne unveils the classic Tory way to collect unpaid taxes and fines. Ignore HMRC and DWP which are there precisely for this purpose, but suffer from a fatal disadvantage – they’re in the public sector. So strike a deal instead with a private US-owned company – creating a joint venture with TDX Group, a so-called […]

Ignore the special pleading of millionaires against mansion tax

by Jon Lansman.

We never have had much time for the knocking copy regularly provided by a bunch of has-beens who never backed Ed Miliband in the first place. When things get tough, you can guarantee that they’ll parade their disloyalty through the newsrooms and TV studios. And so it was this weekend that the first pair of traitors – Lords Levy and Noon took […]

Now Chuka Umunna accepts £2,500 from tax dodger advisers

by Jon Lansman.

As is reported in the Times (£) today, Labour’s shadow business secretary, Chuka Umunna,  accepted and received a fortnight ago a donation of £2,500 for the running of his personal office from chartered tax advisers Signature Tax whose website describes its services as “a progressive tax planning boutique delivering tailored tax solutions to individuals and organisations internationally“. According to their website, […]

Rather than chase internet tax-cheats, the Tories opt to abolish Social Fund for poor

by Michael Meacher.

On the same day that it’s announced that the Government is scrapping the £180m a year last resort for the down-and-out and destitute after sudden financial crisis, a new survey shows that the big US internet companies operating in Britain have increased their UK sales last year in the UK by 18%, but paid even […]

Publish tax returns of the top 250 companies and 250 richest individuals

by Michael Meacher.

They’re all at it. It’s not just Starbucks , Google and Amazon that are running rings round HMRC and the tax laws, it’s virtually all the top UK 250 companies which are deliberately cheating UK taxpayers of the tax receipts due. No less than 98% of the FTSE-100 companies have a subsidiary in a tax […]

Labour is failing on tax avoidance

by Jon Lansman.

This week’s YouGov poll for the Sunday Times makes it very clear that Labour is failing to get a clear anti-tax avoidance message across to the public. In answer to the question “In general, do you think it is acceptable or unacceptable to LEGALLY avoid paying tax?”, 62% of people (72% of Labour voters) think it […]

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