Author Archives: Martin Hearson

The Independent View: Budget corporate tax changes could cost developing countries billions

Ahead of the most important austerity budget in a generation, the government plans to open up a huge new tax loophole that will cost ordinary people around the world billions warns ActionAid in a new report ‘Collateral Damage’

The international development charity has revealed that this loophole will allow UK based multinationals to avoid an estimated £4 billion worth of taxes in developing countries and will also cost the UK Treasury £1 billion.

Until now, the UK’s anti-tax haven rules have provided a deterrent to companies seeking to avoid paying taxes in Britain and poor countries alike. The proposed changes …

Posted in Op-eds and The Independent View | Tagged and | 9 Comments

The Independent View: Will Lib Dem proposals to tackle tax avoidance help save the world?

What can we expect from the Government on tax avoidance and evasion?

Cast your mind back to the Liberal Democrats’ manifesto launch in April. A major theme was the plan to raise £4.6 billion by tackling tax avoidance.

This has been reduced to a single bullet point in the coalition’s Programme for Government, a promise to “make every effort to tackle tax avoidance, including detailed development of Liberal Democrat proposals.”

Vince Cable remains committed, telling the Telegraph soon after his appointment as Business Secretary that, “tackling tax avoidance by businesses is essential and this is an area that I …

Posted in Op-eds and The Independent View | Tagged , , and | 9 Comments
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Recent Comments

  • John B Grout
    Excellent piece, Josh. As for seeking others' thoughts on the pitch, here are mine: Labour and the Greens want to do things for you, the Conservatives and R...
  • David Evans
    It's an interesting article, which gives us more to think about, but when it ends with "Government and politics can strive toward this platform ... giving ind...
  • Neil Sandison
    This one of a series of articles recently published in the Liberal Democrat Voice that defines our social liberal values . Frequently the hot house of Westminst...
  • Pawel Urbanski
    This is the right problem to be working on, and I think the answer may be less about the words than about the moments. In my experience people learn what we sta...
  • Simon Robinson
    It's good to have an MP putting herself forward for this. The manifesto seems a bit vague though. All good thoughts and nothing you can really disagree with, b...