Shadow chancellor John McDonnell said if Labour wins the next general election it would “close the loopholes through which large corporations swindle the public”. He said the “tax gap” between what companies should be paying and what is actually received by the exchequer amounts to some £36bn.
Where in buggery does that number come from? That’s even larger than Spud’s fantasy about corporation tax receipts.
But wouldn’t it be fun if such returns were published? For the past? We’d see that there was no Vodafone bill nor deal, Starbucks, Boots, none of them did anything even odd.