Third of people shun tax avoiding companies

Posted on 29 Sep 2020
Share Blog Post

A ComRes survey for Christian Aid found a third (34%) of Brits say they are currently boycotting products or services of a company because it does not pay its fair share of tax in the UK. Almost half (45%) say they are considering a boycott, reports Harris & Co accountancy services.

Two out of three (66%) say they believe tax avoidance to be morally wrong, according to the survey – up 10% from when people were asked the same question in August 2012. Some 80% say that multinationals’ tax avoidance "makes them feel angry".

Almost three-quarters (72%) agreed the government has a responsibility to ensure that all UK-based companies pay the proper amount of tax in every country in which they operate, and eight out of ten people (84%) want to see more transparent and publicly available multinationals’ accounts.

‘In the run up to the Budget, which we hope the Chancellor will use to require companies to reveal more information about their tax avoidance in developing countries, this is heartening news,’ said Joseph Stead, senior economic justice adviser, Christian Aid.

‘The public clearly understands that the UK has a responsibility to ensure UK plc plays by the rules both home and away.

‘But what this survey also shows is that one in three people are actually prepared to change their buying habits and boycott some of the firms seen as not paying their fair share in the UK. This surely must be a wake-up call to all businesses,’ he added.

Government ministers’ criticism of aggressive tax avoidance has been noticed by the public, with the latest survey showing a rise in the proportion of people who agree that the government is showing a genuine desire to combat tax avoidance, up to 43% from 38% in August.

 

ComRes polled 2,270 adults online from 15 February to 17 February 2013.

View more blog posts

Gauke admits 50% tax rate is a disincentive
Posted on 28 Sep 2020

Gauke admits 50% tax rate is a disincentive

Secretary to the Treasury admits personal tax rate hikes have had negative impacts
Continue reading
Continue reading
Winding Up Notices On the Increase | Accountants Northampto
Posted on 25 Sep 2020

Winding Up Notices On the Increase | Accountants Northampto

Number of winding up petitions increases as HMRC look to maximise tax intake
Continue reading
Continue reading
Home working not working!!
Posted on 24 Sep 2020

Home working not working!!

Yahoo bans staff from homeworking
Continue reading
Continue reading
New sports club rules
Posted on 23 Sep 2020

New sports club rules

Government announces its intention to amend the law to make the Community Amateur Sports Clubs qualifying conditions clearer
Continue reading
Continue reading
whatsapp
Back To Top
01604 660661