Christopher Leslie, Labour shadow Financial Secretary issued the following statement tongith on the UK - Swiss tax deal:
"It is welcome that some of the money which is owed to the British taxpayer is being paid back. But there are real worries about the details. The Government should ensure that all those who have broken the law face the full penalty. There is a significant risk that some who have taken part in criminal tax evasion will escape by paying less than if prosecuted - the Government should guarantee this will not happen."
"The Government should also release full details of the agreement - particularly around the treatment of non-doms. It is not enough just to say that the agreement includes "special rules" for non-doms. UK taxpayers need to know what those special rules are."
He's right.
Why should criminals be excused?
And it's not good enough to announce a deal and not say what it is - during the recess.
This is Tory game play to support tax haven activity and tax evasion - and it's wholly unacceptable.
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Well it took the Labour Party long enough to make a statement on this deal. It should have been providing a moral and ethical lead, if not what does it stand for? Once again it has failed to capture the media attention on this matter and it has been left to you Richard (thank goodness) to make the case. As far as I am aware , the Labour Party never endorsed the arguments made by UkUncut about the non payment of tax by companies and super wealthy individuals because of its ‘relaxed attitude’ to the rich and now it is paying the political price for its inertia. We are a divided unequal country in which the poor are being made scapegoats for a crisis emanating from the financial sector and the majority of people are so badly informed (or selfish) that this does not matter to them.
Now the media is fixated on Libya with little attention to the fact that hundreds of people are being killed and wounded. I expect that the Western powers are hoping that the ‘disaster capitalism’ to be derived from rebuilding that country will give a boost to our economic growth. Sorry maybe I should not have added the last sentence but I do feel really angry about this.
The agreement is not applicable to non-domiciled UK residents according to the SBA Q&A briefing. http://bit.ly/oXLQsj
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