Pandora Papers, Tax Avoidance, Tax And Spending, Conservatives, Labour

Pandora Papers, Tax Avoidance

Almost all Tory voters agree company tax avoidance morally wrong, poll finds

Almost all Tory voters agree company tax avoidance morally wrong, poll finds

10/21/2021 4:47:00 PM

Almost all Tory voters agree company tax avoidance morally wrong, poll finds

Survey after Pandora Papers leak finds 90% of Conservative and 85% of Labour voters object

Photograph: Matt Dunham/APThe London property, featured in the Pandora Papers, bought by Tony and Cherie Blair through an offshore firm at a tax saving of £312,000.Photograph: Matt Dunham/APThu 21 Oct 2021 14.35 BSTLast modified on Thu 21 Oct 2021 14.57 BST

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A majority of the public, including Conservative voters, support tougher action against tax avoidance, according to an opinion poll after the revelations in the leakedPandora Papersabout widespread use of offshore tax havens by some of the world’s wealthiest people.

Among Conservative voters in the 2019 general election, 90% agreed that tax avoidance by large companies was “morally wrong even if legal”, the poll found.That was higher than the figure forLabourvoters, 85% of whom agreed. Support for the statement that tax avoidance by individuals is “morally wrong even if legal” was 87% among Conservative voters, 80% of Labour voters, and 81% of the public overall.

The poll, by Survation for the campaign group Tax Justice UK, followed reporting of the cache of files, namedthe Pandora Papers, leaked to the International Consortium of Investigative Journalists (ICIJ) and shared with the Guardian, BBC Panorama and international media partners. The largest ever such leak exposed the secret offshore holdings and finances of several wealthy donors to the Tory party, 35 world leaders, and more than 100 billionaires, celebrities and many other notable figures.

Several countries whose citizens were shown to own assets through offshore companies rapidly announced inquiries, but the British government has so far not responded robustly.Tax Justice UK is calling for tax loopholes to be closed, such as the exclusion from stamp duty when properties are sold through offshore companies, under which

Tony and Cherie Blair saved £312,000 in taxwhen they bought a London office in 2017. The group is also calling on the government to introduce a register identifying people who own UK property through offshore companies, promised by the former prime minister David Cameron in 2015 but which has still not been implemented.

The poll found 80% of people, including 83% of Conservative voters, agreed that the evidence of the Pandora Papers “makes me want to see tougher action against tax avoidance”.Dame Margaret Hodge, chair of thecross-party parliamentary group on anti-corruption and responsible tax, said: “The Pandora Papers lifted the lid on a whole spectrum of immoral and illegal behaviours, including the very worst tax avoidance. Now this important polling from Tax Justice UK shows that people are well and truly fed up with tax dodging. What is striking is that it’s Tory voters who are most upset at this egregious conduct.

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“It’s high time that Boris Johnson hears the outcry from his voters and finally takes action. The big corporations and rich individuals who shirk their responsibilities must be made to pay a fair share.’The Treasury has been approached for comment. Read more: The Guardian »

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Can we get an update on how many still do it though Morals and the ConHome , not often you see those in the same sentence Yet they’re content to elect MPs who openly condone it? Shame the Tory donors don't feel the same way😬 Yet they vote for the ones mostly responsible for it.

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Tax cheat schemes cost governments billionsMajor tax evasion and avoidance schemes have deprived countries of £127bn, research shows. Yet they don't care as they enabled those tax cheat schemes and the people benefiting are likely their chums I once got a threatening letter for HMRC because I owed a grand total £7 a few years back. Yet Jeff Bezos and co can bend HMRC over the table and all HMRC do is smile and say thank you.

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