Posts Tagged ‘GANTIP’

Dear Ed Balls… why Labour should support my anti-tax avoidance proposals

by Michael Meacher.

Today MICHAEL MEACHER will push again for a stronger anti-tax avoidance regime. Here, he urges the Labour frontbench to support his proposal. Dear Ed, A few months ago I put forward my General Anti-Tax Avoidance Principle Bill (GANTIP) for second reading. As a Private Member’s Bill low in the order it did not make progress, […]

Tory party treasurer demands tax on super-rich cut to zero

by Michael Meacher.

In an extraordinary interview, Lord Fink, the Tory party’s treasurer, has admitted that he lobbied the government to compete with the Cayman Islands and other offshore havens, where tax rates are far lower than in Britain, by cutting taxes sharply on the mega-rich who invest in hedge funds. His motive, he likes to tell us, is to […]

My bill to allow HMRC to strike down tax avoidance schemes

by Michael Meacher.

On Thursday I obtained under the backbench business committee procedure a 3-hour debate on the floor of the House on tax avoidance. It was good timing because the next day marked the end of the Goverment’s consultation on its proposal for a GAAR (General Anti-Abuse Rule), and the debate centred around the relative merits of […]

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