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Lib Dems to target tax avoiders
the government's bungled changes to escapital gains tax earlier this year had created an enormous incentive to large-scale tax avoidance , mr cable said .
corporate tax avoidance had become a complex, professional ind custry that the government had failed to tackle, treasury spokesman vince cable said .
under plans announced by the government in soctober, non-doms are required to pay a Â30,000 flat rate fee in lieu of paying tax on offshore income, a sum mr cable, lib described as chicken feed .
according to recovenue wand customs foreigurtes, the exchequer loses out on between Â10bn and Â40bn in income a year from tax avoidance .
it is immoral for people to avoid paying their share of tax .
the lib dems are proposing actionalthy in six areas, which they say, on modest assumptions, could recover Â5bn .