Showing posts with label tax evasion. Show all posts
Showing posts with label tax evasion. Show all posts

Tuesday 1 November 2011

JOIN THE FIGHT FOR A FAIRER TAX SYSTEM

A message from Caroline Lucas MP

Everyone understands the relationship between public spending and tax. The taxes we all pay are spent on the public services we all benefit from. But do enough people understand the relationship between public spending cuts and tax avoidance, tax evasion and unpaid tax?

It's pretty straightforward. People and companies that fail to pay the full amount of tax that is expected of them are starving our public services of funds. If we want to fight spending cuts, we must tackle that failure to pay the right amount of tax.

That's why, earlier this year, I tabled the Tax and Financial Transparency Bill in Parliament, which is due to have its second reading in the Commons on 25 November. The main aim of the Bill is to require banks, companies and trusts that operate in the UK to publish details of how much tax they pay in all the jurisdictions where they operate.

That means requiring them to reveal what use they make of offshore tax havens. Full transparency will enable the tax authorities (and the public) to make sure that these companies are paying the right amount of tax, and make it easier to close loopholes and crack down on tax avoidance. Who could argue with that?

Well, just because it's fair and it makes sense, doesn't mean it won't need a huge amount of campaigning momentum and political will to challenge the vested interests that do so well out of tax dodging. To help channel that momentum, I've set up an e-petition on the Government's website  that echoes the demands in the Bill.

Everyone who's opposed to cuts in public services, and who thinks the same rules should apply to everyone when it comes to paying tax, should sign it. It's another way to push tax justice up the agenda in Parliament - e-petitions that gather more than 100,000 signatures have to be considered for debate in the Commons.

A recent example was the e-petition to release documents relating to the Hillsborough disaster, which successfully secured a debate, and prompted the Government to agree to petitioners' demands.

Even with enough signatures, e-petitions are not binding for the Government, but as Hillsborough shows, they can achieve a lot by helping to build pressure for change. Please do sign the petition and keep circulating the link. With a coordinated effort, we can reduce tax avoidance and reduce the terrible harm it does to our vital public services.

Caroline Lucas MP
 
SIGN THE PETITION HERE 

Wednesday 27 October 2010

ANTI-CUTS ACTIVISTS SHUTDOWN VODAFONE FLAGSHIP STORE IN DISGUST AT £6BN TAX EVASION

65 activists have today stopped trading at Vodafone’s largest retail store on Oxford Street, London, by blockading the doorway in disgust at the HMRC’s deal with Vodafone that have allowed them to walk away from paying a tax bill thought to be worth £6bn to the public purse.




The action started at 09:30 this morning where activists gathered at The Ritz hotel near Oxford Street following rapid mobilization over the weekend via Twitter, Facebook, blogs and text messaging.

The 65 activists confronted the minor security in front of the shop to gain entry to the shop and proceeded to blockade the entrance with arm tubes and banners before the store had chance to even receive its first customer.

This comes exactly a week after George Osborne’s Comprehensive Spending Review in which he announced that another £7bn will be cut from welfare, producing a total of £18bn of cuts from vital welfare services.

These cuts have been widely condemned by charity groups representing the most vulnerable in society, and the highly respected Institute of Fiscal Studies confirmed on Thursday last week that the coalition’s cuts will indeed hit the poorest in society the hardest.

The issue of tax evasion by corporations and the wealthy was not however even mentioned during Osborne’s Comprehensive Spending Review speech, despite the fact that it is estimated that the deficit to the public purse from tax evasion amounts to at least £12bn each year.

To add salt to the wound, Osborne also announced last week that large corporations in addition will be expected to contribute 4% less in tax to public services across the next four years through a reduction in corporation tax.

Activists on today’s action also note that Andy Halford is both a financial advisor to Vodafone and a corporation tax advisor to the treasury.

Under a banner that read “Pay your taxes - save our welfare state”, Jennifer Kyte said, “The cuts are not fair, we're not all in this together, and there are alternatives. Why not start by collecting - instead of writing off – the tens of billions owed in taxes by wealthy corporations?”

She continued, “The economic downturn was caused by the reckless greed of the private sector, but it is the public sector and those at the bottom that are picking up the bill. Is this their idea of the wonderful Big Society?”

Zeketa Darby said, “We will not pay for their crisis! The public need to join together and hit the streets to take concerted action to fight these cuts”