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.
No public contracts for tax avoiders.
Labour will legislate to ensure that those involved in tax avoidance are unable to secure public contracts from central government, local government and public bodies.
Taxpayers should not fund contractors engaged in tax avoidance. All bidders will be required to make a public declaration of their profits from UK sources and corporation tax paid in each of the last five years.
No contractor will be permitted to relocate public contracts in a tax haven entity.
Tags: Tax Avoidance
