Coronavirus: No Bailouts for Tax Avoiders, says Co-op Party

The government should not hand out lockdown bailouts to companies that avoid paying their fair share of tax, says the Co-operative Party.

The party has teamed up with Fair Tax Mark to say that any business benefiting from government bailouts due to the coronavirus crisis should satisfy three simple conditions of  fair taxation “so tax avoiders cannot benefit from a public purse that they haven’t paid into”.

The conditions are:

“As the only political party in the UK accredited with the Fair Tax Mark, we’ve long believed that businesses should pay their fair share,” says the Co-op Party’s Robin Wilde.

“As the Shadow Chancellor and Labour & Co-operative MP Anneliese Dodds recently said, there was never any excuse for the industrial levels of tax avoidance and evasion we have seen in the UK. But after this crisis, there will be absolutely no excuse for any business not to pay its way.

“If a business is not actively involved in tax avoidance, these conditions can quickly and easily be committed to. If it is, it will need to change its ways.”

Co-op Party members and supporters can add their names to the call on government from the party’s website.