It is remarkable how the BBC manages to avoid rigorously investigating donors to the Labour party and their various tax dodges.
The BBC defends Miliband and his inheritance tax dodge…
Ed Miliband should publish tax documents – Conservative MP
One rule for the rich and one rule for the rest of us under Miliband as Labour condemns ‘sophisticated tax avoidance’ what ever that means….but defends Miliband’s own dodging.
Here the BBC promote Labour as the party that will tackle tax evaders…Ed Balls vows to crack down on tax evasion and the interview is hardly testing for Ed Balls who is fed a question by Marr and allowed to use it, as probably intended, to peddle his own line.
No hard questioning about the hypocrisy in Labour’s claims about dodgy donors to the Tory Party.
However the BBC is keen to highlight every word Miliband utters in relation to this matter….here closely examining the life and times of Tory Lord Fink….
Ed Miliband accuses Fink of U-turn in tax avoidance row
And here giving Miliband an unquestioning promotion of his rhetoric on tax avoidance and the Tories’ part in it….
Miliband pledges ‘root and branch’ HMRC review
Miliband claims that ‘the coalition is “shrugging its shoulders” on tax avoidance – which he claimed had left a £34bn hole in the UK’s finances.’
How hollow that claim is when you spend just a few minutes researching Labour’s history on tax dodging…something the BBC seems averse to but is quite happy to trawl for old history like this…
HMRC failed to prosecute tycoon over tax evasion
The BBC goes on to reinforce Labour’s message with this report…
Ed Miliband: Tax avoidance threatens ‘fabric of society’
Mr Miliband accused the prime minister of “turning a blind eye” to the issue, and said tax avoidance threatened “the fabric of society”.
Which is all a bit strange really as a few minutes on Google and you can find plenty of damning information about Labour’s history on Big Business, the mega rich and tax avoidance.
It seems the BBC just isn’t interested in Labour’s role in creating the massive inequality in society and its protection of the mega rich. Below is a run down of just some embarrassments for Labour…I had to stop looking as it was all too easy….but all too difficult for the BBC.
Here’s the Guardian in 2006…..
Super rich
For the ultra-rich few, this country is now a virtual tax haven, which is why more and more princes, tycoons and oligarchs are making it their home. James Meek sets out to uncover the secrets of Britain’s seriously wealthy
If there is more private wealth in Britain, and in London in particular, than ever before, where is it coming from? One explanation is that in the past few years London has become, even more than in the 1990s, the world’s conduit of choice for private wealth. Its generous tax treatment of the mega-rich, particularly those born abroad, makes it in some ways a virtual tax haven.
One of the big tax advantages for super-rich British residents who aren’t British-born is this country’s unique “non-domiciled” tax rule, which allows tens of thousands of wealthy people to avoid paying tax on income earned overseas. Almost four years after an investigation by Nick Davies in this newspaper showed how the Swedish billionaire Hans Rausing, then described as “the richest man in Britain”, had in one year received more from the Treasury in refunds and grants than it was getting from him in tax, the government shows no sign of closing the loophole. “Non-domicile is much bigger than people think. It’s massively important,” says the hedge fund manager.
“I’ve always thought that England would benefit a lot by becoming an ‘offshore haven’,” says Garnham. “It’s already halfway there. Why not make more of it? We’re only a tiny little island”.
In 2013 Labour’s Margaret Hodge said:
Experts offering advice on legislation they helped to create is ‘ridiculous conflict of interest’, says select committee chair Margaret Hodge…”The large accountancy firms are in a powerful position in the tax world and have an unhealthily cosy relationship with government”
Of course she was talking about the Coalition government but at the same time Labour were getting massive help from accountants PWC:
PwC said it had provided more than 6,000 hours of free technical support, worth £400,000 to political parties during the year, up by more than 20%, with almost 4,500 hours going to Labour and the balance mainly to the Liberal Democrats.
PwC’s party donation history at the Electoral Commission shows their offer of support for the main political parties is typically taken up by those on the opposition benches. The accountancy profession has been criticised for getting too close to politicians and government offices.
In its annual report, PwC said: “The firm has no political affiliation and does not make any cash donations to any political party or other groups with a political agenda. However, in the interests of the firm and its clients, we seek to develop and maintain constructive relationships with the main political parties.”
Any more stories about Labour’s dodgy donors? Yes plenty……
Labour donor Lord Sainsbury avoids £27m capital gains tax
Donor John Mills’s gift to Labour avoided tax bill of £1.5m
India Guns For Its Tax Evading Billionaires
Within a week of India’s second richest man, Lakshmi Mittal, complaining that the Indian government was too slow in permitting the construction of new steel mills, Mittal’s home country has guys like him in the cross-hairs.
This is from the Guardian in 2002 and is a damning indictment of Labour….
Rich people are costing Britain millions in lost tax by not registering their houses in their own names, according to land registry records and independent accountants’ estimates.
The wealthy individuals who appear to be enjoying the country’s choicest property virtually tax-free, thanks to their exploitation of legal loopholes include a number of Labour party donors, as well as the former Tory prime minister Margaret Thatcher, an influential Saudi prince and Mohamed Al Fayed, the controversial owner of Harrods and Fulham football club.
The computer tycoon David Potter, for example, owns not only his London house but also Rush Manor, a lavish home counties retreat by the Thames.
His fortune, despite recent collapses in the value of internet enterprises, is calculated at £98m.
We estimate that he may be avoiding liability on Rush Manor for his heirs of inheritance tax of around £600,000; liability of £80,000 in stamp duty on a sale; and capital gains tax on the profit he would make if he sold the mansion, originally purchased in 1989, of at least £160,000.
Mr Potter, a Labour favourite and £90,000 donor who gave a 1999 lecture at Downing Street on wealth creation, also uses a second controversial tax loophole by claiming to be “non-domiciled”.
In the eyes of the Inland Revenue, they therefore have “non-domicile status”. Although Mr Potter will pay tax on his UK income from Psion, he does not need to pay tax on income and assets he keeps abroad.
Land registry records show the same pattern in the case of a number of high-profile recent donors to the Labour party.
We found:
· a Panama company owning the north London house of pharmaceuticals tycoon Tony Tabatznik;
· an offshore company listed as owning the£9m summer palace occupied by Indian steel magnate Lakshmi Mittal;
· an offshore trust holding the Grosvenor Square flat of the drug manufacturer Isaac Kaye;
· a Jersey trust company listed as owning the Hampstead home of businessman Uri David.
Another donor, financier and philanthropist, Christopher Ondaatje, has given £2m to the Labour party. For 17 years his second house has been Glenthorne, a coastal mansion in north Devon.
Yet although he has written lyrically about his feeling of “coming home” from Canada by buying it, the 93-acre estate is in fact in the name of the offshore Exmoor Ltd.
All these men claim non-domicile status. None wanted to comment on the allegation that they are avoiding tax liabilities on their UK homes.
And let’s not forget this one….
Tony Blair’s new government exempted Formula One from the ban on tobacco advertising after its boss, Bernie Ecclestone, had given Labour a donation of £1m.
I could go on…in fact let’s not forget that David Miliband, when Foreign Secretary, was sent the same email that the HSBC ‘whistleblower’ sent to the HMRC about tax evaders and yet he and Labour has escaped all investigation whilst the HMRC has been crucified by Labour’s Margaret Hodge in her position as chair of the Public Accounts Committee…not that I’m saying she has a conflict of interest in this…no, wouldn’t say that at all.
Nothing stopping the BBC from investigating that link though is there? Or indeed highlighting Labour’s very dodgy donor history and its role in facilitating the tax evasion industry…or indeed looking at this again….












