The UK loses out on £13bn a year due to tax avoidance by the wealthiest people.
A study of tax statistics by the TUC will reveal later this week that the wealthy are exploiting the UK's tax rules to avoid up to £13bn a year in tax.
Non-domiciles in the UK avoid £3.8bn of tax, while income shifters move income into companies or through spouses to avoid income tax – to the tune of £3.2bn, reported The Observer.
'For years there has hardly been any debate about whether the tax system is fair. But a wise government would recognise the shift in public mood when they see police officers marching against a decision that a modest pay rise was unaffordable when it looks like tax has become optional for a small group of the super-rich,' said TUC chief Brendan Barber.
Further reading:




Comments
Have your say on this article