Theresa May on tax-evading advisers: 'We're coming after you'

Theresa May has vowed that her government will tackle tax evasion in the financial services

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Speaking at the Conservative party conference at the ICC, Birmingham, the prime minister touched on a number of points, including housebuilding workers’ rights and tax evasion.

Mrs May said: “We’re all Conservatives here.

“We all believe in a low-tax economy.

“But we also know that tax is the price we pay for living in a civilised society.

“Nobody, no individual tycoon and no single business, however rich, has succeeded on their own.

“Their goods are transported by road, their workers are educated in schools, their customers are part of sophisticated networks taking in the private sector, the public sector and charities.

“We’ve all played a part in that success.

“So it doesn’t matter to me who you are.”

May then shifted her focus on to financial services.

“If you’re a tax-dodger, we’re coming after you.

“If you’re an accountant, a financial adviser or a middleman who helps people to avoid what they owe to society, we’re coming after you, too.

“An economy that works for everyone is one where everyone plays by the same rules.

“So whoever you are – however rich or powerful – you have a duty to pay your tax.

“And we’re going to make sure you do.”

Recently Mrs May announced the deadline for the UK to trigger Article 50, after calls from lenders suggesting that delays could lead to more uncertainty.

Keywords: Theresa May, Prime Minister, PM, Tax-evasion, Tax, Financial advisors

Source: Bridging & Commercial — https://bridgingandcommercial.co.uk/theresa-may-on-tax-evading-advisers-we-re-coming-after-you