One of Labour's leading individual donors has been evading the tax man and paying the full rate of corporation tax by basing part of his company in the off-shore haven of Gibraltar, saving up to £4.9 Million a year.
Peter Coates of bookies Bet 365 has donated the party £300,000 since 2002 including £10,000 this year alone.
Yet when jumping on one of his regular bandwagons recently Ed Miliband described tax avoidance as "a terrible thing."
And a recent leaked Labour document drafted for the party's next manifesto and seen by yours truly reads:
"Labour believes addressing tax avoidance at an individual and corporate level must be a priority."
"At home this means making it plain to the Crown Dependencies we will expect them to observe the letter and the spirit of the law."
Yet more hypocrisy.
No comments:
Post a Comment