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To: George Osborne, Chancellor of the Exchequer / HMRC

Collect the £120 billion in unpaid taxes by corporations like Google & Starbucks

UK tax laws currently allow large corporations such as Google and Starbucks, as well as wealthy individuals to avoid paying their share of taxes. The laws need to change to stop this from happening and all money owed needs to be collected without delay.

David Cameron promised to "go after" tax evading corporations and wealthy individuals who use tax loopholes to avoid paying their share of taxes but in over 5 years in power he has failed to do so. The promise he gives about creating a strong economy is an empty one if this money is not collected. Allowing large scale tax fraud to occur is unacceptable and there is simply no excuse for allowing it. George Osborne should start by paying the tax owed by his part owned company; Osborne & Little

Why is this important?

Austerity Cuts are affecting the most vulnerable people in society, as well as hard working families, local authority budgets, and the NHS as well as other public services. However the money saved through austerity is an insignificant amount when compared to the amount of money being lost through tax evasion and tax avoidance. Collection of this unpaid tax would negate the need for austerity all together and could boost the economy improve the standard of living for everyone in the UK.

Updates

2016-08-14 10:40:18 +0100

25 signatures reached

2015-11-12 11:24:04 +0000

10 signatures reached