23 November 2019

Scottish Labour Leader Richard Leonard will today call out the “tax and wage cheat” culture of some multinationals, who “use their power and our weak laws to rip off both the taxpayer and their workers" in Greenock.

Leonard will make the intervention outside an Amazon depot, as Labour launches its Fair Tax Programme to make the City, big business and tax dodgers pay more of a fair share.

Real terms pay is still lower than before the financial crisis while dividends paid to shareholders have risen 85%.

More than one million people live in poverty in Scotland, and 60 per cent of working-age adults in poverty in Scotland are in working households.

The next Labour government will deliver real change by taking on the bad bosses and the tax dodgers.

Labour will act against tax dodging by introducing unitary taxation of multinationals to stop tax avoiding profit shifting.

This measure is expected to bring in £6.3 billion in 2023-24.

Labour will introduce a package of further measures to deal with tax dodging through a Fair Tax Programme that will return £6.2 billion to the public purse in 2023/24 to help fund Labour’s real change manifesto by:

*Clamping down on the enablers of tax dodging

*Increasing HMRC’s targeted audits

*Establishing an inquiry into the finance sector

*Introducing a 20% Offshore Company Property Levy, on top of existing stamp duties and surcharges

*Scrapping non-dom status

*Requiring greater scrutiny of MPs’ tax affairs

Labour will deliver real change for workers and their families by:

*Ending in-work poverty in our first term

*Introducing a Real Living Wage of at least £10 per hour for all workers aged 16 and over

*Giving workers a stake in the companies they work for – and a share of the profits they help create – by requiring large companies to set up Inclusive Ownership Funds

*Giving every worker full rights from day one on the job

*Banning zero-hour contracts and strengthening the law so that those who work regular hours for more than 12 weeks will have a right to a regular contract, reflecting those hours

*Strengthening trade union rights, including rights to access for recruitment

Ahead of the visit, Richard Leonard said: "For too long those corporations with the broadest shoulders and the deepest pockets have been allowed to exploit the taxpayer and their workers.

"They use loopholes to avoid paying their fair share of taxes while paying their workers poverty wages and at the same time companies like Amazon have been drawing on public money and claiming Regional Selective Assistance awards.

"In the past decade, inequality in this country has rocketed.

" The rich are getting richer while the poor are getting poorer and Labour will not stand by and allow it to continue.

"Under the Tory Government at Westminster, multinational corporations have been given tax cuts while ordinary working people have seen regressive taxes like VAT go up.

"The next Labour Government will tackle tax avoidance head on and fundamentally redistribute wealth and power in the interests of the many, not the few."
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