Home » Labour to launch £5bn crackdown on tax avoiders to close gap in spending plans

Labour to launch £5bn crackdown on tax avoiders to close gap in spending plans

Funding needed after Tories scrapped non-dom status to pay for tax cuts will be used for school breakfast clubs and NHS

Rachel Reeves has said an incoming Labour government would launch a £5bn crackdown on tax avoiders to close a gap in its spending plans exposed by Jeremy Hunt scrapping the non-dom regime to finance tax cuts.

Warning households and businesses that Labour was prepared to adopt tough measures to tackle tax fraud and non-compliance, Reeves said the funding would be used to pay for free school breakfast clubs and additional NHS appointments.

Continue reading… The Guardian Read More Funding needed after Tories scrapped non-dom status to pay for tax cuts will be used for school breakfast clubs and NHSRachel Reeves has said an incoming Labour government would launch a £5bn crackdown on tax avoiders to close a gap in its spending plans exposed by Jeremy Hunt scrapping the non-dom regime to finance tax cuts.Warning households and businesses that Labour was prepared to adopt tough measures to tackle tax fraud and non-compliance, Reeves said the funding would be used to pay for free school breakfast clubs and additional NHS appointments. Continue reading…