Connect with us

Law & Politics

UK Labour paid no tax on property assets for 8 years

daily alternative | alternative news - UK Labour paid no tax on property assets for 8 years

British Labour Party has paid no tax on its property company since 2003 despite earning millions of pounds in rental payments over the period, it has been revealed.

According to The Daily Telegraph, Labour Party Properties Ltd (LPPL) has not paid corporation tax on its £6.3 million property portfolio although it received an estimated £8.7 million over the eight years.

The revelations, however, is awkward for the Party’s leader Ed Miliband who have repeatedly attacked giant companies, including Starbucks and Google, for dodging million of pounds in tax in Britain.

The party’s spokesperson insisted that the company had done nothing to internationally cut its tax bill.

Conservative MP and former tax lawyer Charlie Elphicke urged HM Revenue and Customs (HMRC) to investigate the tax avoidance by the Labour in a letter.

“The level of tax avoidance by multinational enterprises and big businesses is a deep concern to me. Having reviewed the Labour Party Properties Ltd accounts a number of issues have arisen which I believe HMRC should investigate”, the letter said.

 

daily alternative | alternative news – UK Labour paid no tax on property assets for 8 years

via UK Labour paid no tax on property assets for 8 years.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Law & Politics

Police Will Be Able To Read Everyone’s Internet Search History Under New Plan

UK Police are asking the government for new surveillance powers to be able to view the Internet search history of every single person in the country.

Richard Berry, the National Police Chiefs’ Council spokesman told The Guardian that “We want to police by consent, and we want to ensure that privacy safeguards are in place. But we need to balance this with the needs of the vulnerable and the victims. We essentially need the ‘who, where, when and what’ of any communication – who initiated it, where were they and when did it happened. And a little bit of the ‘what’, were they on Facebook, or a banking site, or an illegal child-abuse image-sharing website?”

“Five years ago, [a suspect] could have physically walked into a bank and carried out a transaction. We could have put a surveillance team on that but now, most of it is done online. We just want to know about the visit,” he added.

It is likely that police are already looking at your online activity, but just want the power to do it legally. As we learned from whistleblower Edward Snowden, governments are very interested what their citizens are doing online, and they do have the technology to spy on every telephone call and Internet communication.

Police in the UK have been attempting to reach for these powers through legislation for years, but they have been blocked on multiple occasions. This new effort proves that they will not be giving up on getting legal permission for their spying programs.

MP David Davis told The Guardian “It’s extraordinary they’re asking for this again, they are overreaching and there is no proven need to retain such data for a year.”

Home Secretary Theresa May will announce the specifics of the plan during a meeting about the Government’s new surveillance bill in the House of Commons on Wednesday.

“I’ve said many times before that it is not possible to debate the balance between privacy and security, including the rights and wrongs of intrusive powers and the oversight arrangements that govern them without also considering the threats that we face as a country,” May said.

“They include not just terrorism from overseas and home-grown in the UK, but also industrial, military and state espionage.They include not just organized criminality, but also the proliferation of once physical crimes online, such as child sexual exploitation. And the technological challenges that that brings. In the face of such threats we have a duty to ensure that the agencies whose job it is to keep us safe have the powers they need to do the job,” she added.

 

daily alternative | alternative news -Police Will Be Able To Read Everyone’s Internet Search History Under New Plan

via Police Will Be Able To Read Everyone’s Internet Search History Under New Plan.

Continue Reading
  • Latest Crypto Price

    1 BTC = $46400.00 USD  (via Coinbase)
    1 ETH = $1475.72 USD  (via Coinbase)
    Quotes delayed up to 3 minutes.

    Follow us on Twitter

    Facebook

    Trending

    By continuing to use the site, you agree to the use of cookies. more information

    The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

    Close