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All about the 2017 international short story competition

We’re delighted to announce that the judge for the International Willesden Herald 2017 New Short Stories competition will be none other than...

Sunday, January 22, 2012

Offshore tax-dodging makes a farce of austerity

Michael Meacher MP » Blog Archive

"A Land Registry inventory of title deeds, just published... [shows that] in just two central London boroughs the ownership of property worth £88.5bn has been transferred offshore to escape payment of stamp duty and inheritance tax. It is estimated that this costs the Exchequer about £1.7bn a year in tax evaded."

Let them eat cake.


Mark said...

I've just had the pleasure of doing a tax return - it amazes me how the Revenue pick over the bloke in the street whilst ignoring / allowing business to use offshore havens and loopholes to avoid billions

Ossian said...

Ain't that the truth. And the same sort of disparity shows up in prosecution and sentencing.