Unions to campaign against super-rich tax laws
Use research carried out by accountant to back-up claims
Brendan Barber,
leader of the TUC, has launched a campaign at its annual conference in
Brighton, to abolish non-domicile laws and tax breaks.
It came as he called on the government to scrap the tax laws, which the union
claims the laws allow city tycoons to pay lower rates of tax than office
cleaners.
The TUC based its campaign on research carried out by accountant
Richard Murphy of Tax Research
to call on the government to scrap its non-domicile tax laws which favour the
super-rich.
According to Murphy, if 20% of non-domiciled claimants were to leave Britain
if the loophole was scrapped, the UK would still be better off by £4.3bn.
Further reading:
Private equity facing ‘Custer’s last stand’ say unions