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

  • User AvatarGraham Jeffs 7th Dec - 8:54am
    There are huge numbers of 'undecided' out there. Let's put in a strong finish!
  • User AvatarMatthew Huntbach 7th Dec - 8:49am
    We needed to explain from the start that the 2010-15 coalition was caused by the electoral system supported by the Labour Party which boosts the...
  • User AvatarPeter Martin 7th Dec - 8:42am
    @ Joe, The concept of sectoral balances predates MMT. Wynne Godley is associated with it in the 90s and 00s but you can trace it...
  • User AvatarMatthew Huntbach 7th Dec - 8:35am
    Thomas Are you suggesting that I am saying we should have a Tory-lite platform? I have actually been spending my time saying we should not.
  • User AvatarDavid Evans 7th Dec - 8:24am
    Thomas, I think you will find that the reason so many rural folks, that you don’t care much (says a lot that) and that you...
  • User AvatarThomas 7th Dec - 5:38am
    marcstevens - The advantage of being run by the government is that not every utility has to turn a profit. You can have trains run...
Tue 10th Dec 2019