Voters in marginals seek clampdown on corporate tax avoidance: FT reports ComRes poll finding
“tax avoidance by large companies is morally wrong, even if it is legal”.
‘Gathering steam’ after years of work by the Tax Justice Network and other organisations, Vanessa Houlder in the Financial Times reports on a poll conducted by ComRes. It surveyed 1,000 adults in 40 of the most marginal constituencies between March 26 and April 13 2015 and found that 90% of Conservative voters, 94% of Labour voters and 87% of UKIP voters agreed with the statement that “tax avoidance by large companies is morally wrong, even if it is legal”.
Most of the voters polled told pollsters that politicians have not gone far enough in promising to crack down on tax avoidance by multinationals.
58% of respondents called for more to be done on corporate tax avoidance, in a survey commissioned by the Tax Dodging Bill Campaign [development charities and campaigners] but just over 25% of respondents said the measures planned by parties went far enough.
Demand for extra action on avoidance varied with party preferences. More than three-quarters of those intending to vote for the Green party thought more needed to be done. Just over half of those intending to vote for the Conservatives took the same view.
The campaign is calling for all parties to introduce a “tax dodging bill” to crackdown on avoidance in the UK and abroad if elected and bring in billions needed to fight poverty.
Endnote: in ‘Good corporate citizens’, there is news of a Fair Tax Mark now being adopted by UK business setting a new standard in responsible tax practice – from the smallest shop to the biggest multinational. The Fair Tax Mark is an assurance that a company is open and transparent about its tax affairs, paying the right amount of corporation tax at the right time in the right place. It has been awarded to several companies: read on at the Localise West Midlands site.
Posted on April 30, 2015, in Finance, Government, Parliamentary failure, Planning, Taxation, Taxpayers' money and tagged Fair Tax Mark, tax dodging bill, Tax Justice Network. Bookmark the permalink. Leave a comment.