Context
Concerns about tax avoidance in British tax havens such as the British Virgin Islands.
Question
A builder living on Portland, a B&B owner in Weymouth and a shopkeeper on Swanage high street all pay their fair share of tax, yet some individuals take advantage of offshore tax havens such as the British Virgin Islands to avoid paying their fair share. My constituents play by the rules; we ought to know a bit more about those who choose not to. Can the Secretary of State set out what steps his Department is taking to throw open the books in British tax havens and implement public registers of beneficial ownership?
Answer from David Lammy
I raised this issue in opposition—I think it was the subject of the last speech I gave before the election—and it is an issue that I intend to take up with full vigour. We were concerned that parts of the last Government were turning a blind eye to these issues. I hope to come forward with further proposals in the coming weeks.
How: Under Review, Further Proposals
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