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News - Parliament

23 March 2006
Categories: News
Early day motion 1800, 17 March 2006

Offshore accounts for all!

Rather than reduce the number of offshore accounts held by individuals, it seems that some MPs would like to know more about them … In a recent early day motion, a number of MPs called for them to be made available to everyone:

'That this House recognises that off-shore accounts can play a useful role in reducing an individual's tax liabilities; notes that off-shore accounts are currently used mainly by the very rich; and urges the Government, in the interests of social justice, to make available more information about the workings of off-shore accounts so that all sections of society can benefit from a reduction in their tax burden.'

The whiff of irony hangs heavy!

Categories: News
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