UKIP tax Miliband

Releasing a graphic referencing the (false) claims that Ed Miliband colluded to avoid inheritance tax on his father’s estate, the Kippers have decided to claim they have a “zero tolerance” stance on tax avoidance:

“UKIP has a zero tolerance approach to tax avoidance, no matter how important you think you are.

Perhaps someone should let their party leader and donors know about this new policy.

Nigel Farage, who was exposed last year for setting up an offshore trust in the Isle of Man, this week found himself backing millionaire party supporter Stuart Wheeler over his suggestions that “not all tax avoidance is bad”.

Meanwhile the latest figures from the Electoral Commission show more money from Aaron Banks — given by a company which paid just £12,000 corporation tax on a turnover of £19.7 million and is owned via a tax haven.

Last October Banks claimed he upped his donation to UKIP out of spite, simply to show how rich he is:

“I woke up this morning intending to donate £100,000 to UKIP and I understand Mr Hague called me a nobody.

“So, in light of that and because I am a strong advocate of leaving the European Union, I have decided today to donate £1m to the party and not the £100,000 we originally agreed.”

While Banks and his company have given £210,000 from November, the remainder is non-cash donations of hospitality and “consultancy services” — and that only gets us to £610,000.

So where is the rest of the money? Can we Belize a word he says?

  1. Politicians trying to get mileage out of a perceived lack of understanding on the part of the electorate of the difference between avoidance and evasion. And the difference between avoidance and using government incentives like ISAs. The campaign started with both Dave and Ed saying how politics was about public service etc. Didn’t last long, did it?

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