Labour’s 17-point tax avoidance clampdown plan
By Mark Battersby, 15 May 17
As voting day for the UK general election rapidly approaches, the Labour party has spelled out a wide-ranging 17-point plan to tackle tax avoidance and public filing of the tax returns of wealthy individuals earning more than £1m.
Clamp down on the use of Advanced Thin Capitalisation Arrangements (ATCA).
These arrangements are intended to give some certainty about their future tax liabilities to large, multi-group corporations, but evidence of their abuse has been documented.
“We will institute a review of their use.”
Tags: Tax Avoidance
