Tag Archives: tax evasion

What European liberals have achieved over the past five years – the economy

Given how little coverage there has been in the British media of the work of the European Parliament, it comes as no surprise that few voters know what it does. Luckily, the ALDE Group in the Parliament have produced a guide to their achievements since the last European election in 2014, and I’m going to take the opportunity to highlight some of them today.

More stable financial markets

Scandals around the manipulation of the LIBOR and foreign exchange benchmarks, as well as the alleged manipulation of other indices, has highlighted the importance of benchmarks and their vulnerabilities. ALDE led negotiations …

Posted in Europe / International and News | Also tagged , , , and | 28 Comments

Paradise Papers: perhaps tax ought to be more taxing?…

Older readers may remember me, the first face of the Inland Revenue, as voiced by Sir Alec Guinness. I may be a distant memory, but I never left my desk.

The news in the lead up to this week’s Budget has been coloured by the Paradise Papers, as noted by David Becket in the comments sections when they first hit the headlines, who wondered why they haven’t been covered here. Well, in truth, tax policy is quite dull, and the issue of taxation of overseas holdings is rather more complex than is thought.

Here …

Posted in Op-eds | Also tagged | 12 Comments

Julian Huppert writes… Clamping down on Tax Dodging

Tax dodging is plain wrong. There can be absolutely no justification for the wealthy not paying what they owe.

More than any other party, we know how important it is to have a fair tax system. Before the last elections, we pledged to lift the income tax threshold to £10,000. We have surpassed this by raising it to £10,600, lifting more than 3 million low earners out of paying income tax altogether.

Posted in Op-eds | Also tagged | 12 Comments

LibLink: Vince Cable – We’ll hunt down the tax avoiders

Over on The Guardian website, Vince Cable writes:

Tax avoidance, sham directors, money laundering: the recent Guardian investigation made sobering reading. In the UK we are proud that it is easier and cheaper to set up a company here than just about anywhere in the world. This flexibility is hugely valued by the start-ups and small companies which create a significant proportion of our wealth and jobs, and which are vital to recovery from the latest recession. But this flexibility provides a challenge: how do we stop our system from being abused by people who want to use it to dodge tax or to launder the proceeds of crime?…

Posted in LibLink | Also tagged , and | 4 Comments

Three intriguing opinion poll results that made me go, “Hmm, really?”

Looking through some of YouGov’s recent poll results (as you do on a summer’s evening during the Olympics), a trio of responses struck me as, well, slightly bizarre. See what you think…

Lib Dem voters LEAST LIKELY to think Britain is best at cricket, MOST LIKELY to think we’re best at cycling

This may simply be a reflection that ‘Britain’ does not play cricket. Or perhaps just a subjective viewpoint: after all, England is currently ranked the best test cricket team in the world (though fourth in one-day internationals); while …

Posted in Polls | Also tagged , , , , and | 8 Comments
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