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17 May 2010
Vince Cable, the former Lib Dem shadow chancellor and business secretary, has said that beating tax avoidance will be one of his top priorities in his new role.
Speaking to the Daily telegraph Cable said that tacking tax avoidance is " essential" and that he would be looking at it "closely".
In their pre coalition manifesto the Lib Dems claimed they could save up to £4.6bn by tackling avoidance in the first year of coming to office.
Cable has in the past stated his preference for companies to report their tax liabilities country by country.
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St Vince
I know that Vince is on the verge of canonisation but he must not become like the evil Cardinal "Dave" Hartnett who peddles the doctrine that tax avoidance is a sin and that sinners should be burned as heretics.
As any fule no, tax avoidance is just an adverse variance in the Treasury Estimates. If you want a tax on apples get on and legislate for it and don't whinge if and when law does not seem to catch those wicked oranges and lemons.
We don't prosecute drivers who drive within the speed limit on the basis that we meant the limit to be lower but didn't get round to the necessary legalities or that drivers should have somehow spontaneously realised it and imposed it on themselves.
I bet Dave doesn't add 10% when he files his own return (for are we not all, all, dishonourable tax avoiders deep in our wicked fallen wills even if not in deed)
I'm sure Stalin didn't tolerate tax avoidance or offer Disclosure Facilities to outright crims i.e tax evaders
Posted by: Jack Harper, 17 May 2010 | 00:00
did he not notice his job title?
tax is dealt with at HM Treasury not BIS.....
Posted by: Brian Harris, 17 May 2010 | 00:00