Labour MP Michael Meacher has received cross-party support for a Private Member's Bill which would prohibit any financial arrangements principally designed for the purpose of tax avoidance.
Coinciding with widespread coverage and public condemnation of tax avoidance schemes used by celebrities such as Jimmy Carr and Gary Barlow, the General Anti Tax-Avoidance Principle Bill had its first reading in the House of Commons yesterday. The complete bill is yet to be prepared for publication, although Meacher, who presented it, received support from Sir Alan Beith (LD), Sir Peter Bottomley (Con), Tom Brake (LD), Frank Dobson (Lab), Andrew George (LD), Helen Goodman (Lab), Kelvin Hopkins (Lab), Martin Horwood (LD), John Mann (Lab) and Austin Mitchell (Lab), It would "introduce a...
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