Title

date: 23 July 2012

embargo: For immediate release

Ministers must cut tax avoidance off at source by closing loopholes

Commenting on plans announced by the government today (Monday) to crackdown on the promoters of aggressive tax avoidance schemes, TUC General Secretary Brendan Barber said:

'As well as targeting aggressive tax avoiders, ministers must cut this multi-billion pound problem off at source by closing the many loopholes that the super-rich exploit.

'Successive governments have run shy of reforms to ensure the very wealthiest pay their fair share of tax. But with countries around the world under pressure to reduce deficits, fair tax is an economic necessity.'

NOTES TO EDITORS:

- The Treasury announcement is available at www.hm-treasury.gov.uk/press_64_12.htm

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Press release (300 words) issued 23 Jul 2012

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