'#HMRC withheld offshore #TaxAvoidance figures for #UK’s wealthy during election
Pressure on officials to publish estimate of offshore tax avoidance...'
'...estimated the tax gap to be £39.8bn for the 2022-23 tax year. The tax gap is the difference between the amount of tax that should be collected and what has actually been paid.'
https://www.theguardian.com/politics/article/2024/jul/06/hmrc-offshore-tax-avoidance-uk-wealthy
[Here's a #MagicMoneyTree just waiting to be harvested...]
Britain is awash with failed prime ministers. The cost of their security detail rises as a function of how hated they are (a lot) and how much they travel overseas (a lot).
There's no #MagicMoneyTree for this stuff... We need to impose the #FiscalRules
The Spider’s Web: Britain’s Second Empire (Documentary) on Vimeo
At the demise of #empire, City of London financial interests created a web of secrecy jurisdictions that captured wealth from across the globe and hid it in a web…
#taxpayers are the #MagicMoneyTree !
'Inspections deemed that jobs totalling £380,000 will need to be carried out in the next 12 months.
Subsidiary of Four Seasons Tamaris Scotland did not respond to an initial claim for the value of the works plus an additional £30,000. The council then took court action last month and an agreed sum of around £87,000 has since been paid'
https://www.midlothianview.com/news/over-1m-needed-at-two-edinburgh-care-homes-after-private-provider-walked-away
Wealth inequality: is there a magic money tree hidden in plain sight for Labour? A one-off wealth tax would solve Labour’s fiscal responsibility dilemma | John Cole
#WealthTax #MagicMoneyTree #LabourParty https://yorkshirebylines.co.uk/business/economy/wealth-inequality-is-there-a-magic-money-tree-hidden-in-plain-sight-for-labour/
#ThamesWater in crisis talks over potential £10bn black hole
Minister tells Guardian government has ‘no grasp’ of cost involved in preventing possible collapse
- https://www.theguardian.com/business/2023/jun/28/thames-water-in-crisis-talks-over-potential-10bn-black-hole-cost-possible-collapse
#PrivateProfitPublicCost #ToryPoliciesInAction #MagicMoneyTree