Tax Dodging Hurts Southport Small Businesses February 24th, 2015 jmr jmr Latest News Shares Comments John Pugh who is a member of the Public Accounts Committee that has been responsible for exposing the extent of tax avoidance by big companies, banks and High St names has called for a levelling of the playing field for small traders. “They don’t engage in forming a nest of shell companies, off shore trusts and Luxembourg accounts but they have to compete with those who do,” commented the MP. He goes on to say: “Historically the tax authorities have proved pretty limp-wristed in curtailing avoidance but while they up their act, we can still use the power of the consumer. “Smaller local firms should develop a fair tax mark – a commitment to their customers – and customers can decide to spend their money there knowing that none of it is going off-shore through dodgy schemes. “Just as firms boast of their green credentials or have an ‘Investors in People badge’ we need to develop a fair tax kite mark – something you can put in your window and be proud of. “This is something I want to discuss with the Federation of Small Business and the Tax Justice Network as there is an existing kitemark but it’s cumbersome and more suitable for larger companies.” Contact us with your community, business or sport news. Phone 07581350321 or 07930717137 Email [email protected] Twitter www.twitter.com/onthespot_new Facebook www.facebook.com/otsnews.co.uk Instagram www.instagram.com/otsnews Related Comments comments!