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.
Repatriate contracts parked in tax havens.
Many public contracts for building schools, hospitals, care homes and other public facilities awarded to contractors under the Private Finance Initiative (PFI) have subsequently been relocated to tax havens.
This has enabled contractors to avoid UK taxes on profits funded by taxpayers. Labour would require repatriation of all such contracts.
Tags: Tax Avoidance
