Tuesday, 17 February 2015

LABOUR WILL CRACK DOWN ON TAX AVOIDANCE AS PART OF A BETTER PLAN FOR WORKING FAMILIES

Labour has this week set out the measures it will take to tackle tax avoidance in the first months of a Labour Government. David Cameron and George Osborne have failed to deliver on tackling tax avoidance in the last five years.

They have failed to close the loopholes Labour has highlighted and the amount of uncollected tax has risen under this Government.

And this week in Parliament Tory MPs voted against Labour’s plans to crack down harder on tax avoidance.

Hard working families have had enough of David Cameron’s failing economy, and his economic plan which doesn’t work for them because it always prioritises helping a few at the top.

A Labour government will act where the Tories have failed.

We will use our first Finance Bill to close loopholes that cost the exchequer billions of pounds a year, increase transparency and toughen up penalties.

The choice at this election is between a failing plan and a better plan for working families. The Tories just don’t understand that Britain only succeeds when working families succeed.

That’s why Labour’s plan offers a better future: for living standards, for the next generation and for the NHS.