Why Tax Matters. Tax Justice Speaker Tour 2013- 2014. Tax Matters. Tax has a bad reputation, or at least it has been given one over the last 40 years BUT….. Tax is everyone’s contribution to society
Tax Justice Speaker Tour 2013- 2014
The public believe that approximately 24p in every pound is lost to benefit fraud.
The truth is…
In the UK, most of us are all too aware of why tax revenue is so important right now:
Because there is still an enormous global challenge of poverty:
There arelots of different ways that companies can cut their tax bills, for example:
Because it made a loss for 13 of the last 14 years!
Tax avoidance is:
“shocked to discover the wealthiest people pay virtually no income tax”…?
The UK is at the heart of the ‘offshore system’ that allows companies to dodge tax.
Should the Overseas Territories not introduce such measures voluntarily, the UK government should do so through legislation to ensure that UK jurisdictions can no longer be used to dodge taxes around the world.