We all contribute to Sheffield through the taxes we pay. When rich people and big business don’t pay tax it affects you. If current loopholes were tightened, at least £4 billion could be put towards desperately needed services, or sixty thousand new homes each year.
Most tax the government collects comes from your income and what you buy in shops. People on low incomes pay more in taxes, like council tax and VAT. Many things people on high incomes spend money on, like private education, are tax free.
These firms aren’t the only ones in Sheffield city centre dodging taxes. Companies like Café Nero, River Island, Sainsbury’s, Tesco, Virgin Media, and WH Smiths also hide their profits in tax havens, or help others dodge tax. Nearly sixteen thousand company directors in the UK are resident in offshore tax havens.
Tax avoidance puts profits in the pockets of the greedy, and harms businesses who are doing the right thing, like local and independent shops. A storm of negative publicity has forced some to change. It’s time for the rest to follow.
What Can I Do?
Let them know you don’t like it
If you shop somewhere that is dodging tax, contact them to say that you don’t approve. Ask them to sign up to the Fair Tax Mark and pay their share.
- Barclays has promised to mend their ways after avoiding hundreds of millions in tax and helping clients do the same, email their head of compliance: firstname.lastname@example.org
- Boots has dodged £1 billion in tax through avoidance, email their MD: email@example.com
- HSBC has been found guilty of money laundering and helping clients avoid tax: firstname.lastname@example.org
- M&S has been found to avoid tax by channelling profits through Ireland, email their CEO: email@example.com
- Starbucks still pays little corporation tax, despite being hit with a customer backlash when it was found the company dodged tax: firstname.lastname@example.org
- Topshop boss Sir Philip Green puts companies in his wife’s name and uses tax havens: Service.Desk@arcadiagroup.co.uk
- Vodafone has avoided billions through using tax havens and setting up dodgy deals with HMRC: email@example.com
Local companies and independents usually aren’t setting up tax dodging schemes in other countries. Some national companies, like Lush, the Phone Co-Op, and Greggs, have got top marks for paying their taxes.
Contact your MP
Contact your local candidates for MP and ask them to support the introduction of a Tax Dodging Bill in the next parliament. Just go to taxdodgingbill.org.uk
We campaign to reduce the gap between the high and low paid to create a better society. Find out more by visiting sheffieldequality.wordpress.com