
WITH Britain now a big player in the tax-haven game, with £30-40 billion a year in lost tax revenue, Corbyn and his team must realise that bland promises about tackling tax evasion and avoidance will not suffice.
In order to have an impact the Labour manifesto should include precise details which then have to be repeated at every opportunity by every candidate. He or she should have the exact same figures to hand, from how much is lost every year to how many tax inspector jobs in HMRC will be created after the Tory and Lib Dem cull in the coalition years.
McDonnell has already promised “the most comprehensive plan ever seen” to tackle the problem, with legislation necessary to force tax transparency on UK crown dependencies to reveal the owners of companies hiding assets.



