Despite being rescued by taxpayers during the crash, UK banks will avoid paying £19 billion of tax on future profits by offsetting their losses against tax.
There has been virtually no national moral conversation about progressive taxation and those who believe in social justice have permitted their approach to be dictated entirely by the ideological Right, says Jill Segger. Another way forward is both possible and crucial.
Manchester United tops a new 'Football Secrecy League' published this week by international development agency Christian Aid to highlight the harmful secrecy of tax havens.
While billions have gone to banks and brokers in bailouts and bonuses, the main parties are competing with each other over how much needs to be lopped off public services in order to reduce national debt and keep the IMF happy.
Christian Aid is seeking nominations for its Tax Superhero of the Year award. The idea is to recognise the tremendous potential of good tax practice to change the world.
The URC is backing the ‘Robin Hood Tax’ campaign launched today (Wednesday 10 February) by a broad coalition of domestic charities, aid agencies, unions, faith organisations and green groups.