Tuesday, September 23, 2008

Cable brands tax avoidance 'corrosive'


Lib Dems unveil plans to tax 'golden goodbyes' and other anti-avoidance measures in a £5bn package.


Tax avoidance is 'deeply corrosive of the ethical basis of taxation,' the Lib Dem shadow chancellor has said as he unveiled a package of anti-avoidance measures at the party's conference.

Plans to tax 'golden goodbyes' are among the package of anti-avoidance measures claimed to be worth £5billion annually

Vince Cable spelled out his proposals at a packed fringe gathering sponsored by the ICAEW in Bournemouth.

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