Oxfam calls for crackdown on tax evasion to tackle UK poverty

Today brings the welcome news that Oxfam have joined calls for more to be done to tackle tax evasion in the UK, and for the money recouped to be channelled into reducing poverty. They estimate that the tax coffers lose out by £5.2 billion a year due to offshoring of assets by wealthy individuals. They give the following examples of how this money could be used if recovered:

 

Oxfam tax evasion UK poverty

 

Read their report in full here.

 

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