British taxpayers fork out £45m in foreign aid to paradise islands that charge NO TAX

Nations such as Belize, Marshall Islands, Seychelles and Vanautu - which are all included on a European Commission 'blacklist' of international tax havens - have all received cash handouts from the UK Government.
Under a controversial new law introduced by the Prime Minister, Britain is legally obliged to spend 0.7 per cent of Gross Domestic Product (GDP) on foreign aid spending.
However, critics of the foreign aid commitment reacted with fury after it was revealed millions are being handed over to countries that set minimal or even zero tax rates.

An investigation by the Independent found that, for example, more than £1.8million of UK cash was given to the paradise Caribbean island of Anguilla in 2013.
This is despite the nation - which has an estimated population of less than 15,000 -  charging no income, capital gains or any other form of direct taxes on residents or companies, with it described as a "zero-tax jurisdiction".
In total, 13 countries included on the tax haven blacklist received £45million from the Department for International Development (DfID) in 2013, the most recent year for which aid spending figures are available.
These nations are Anguilla, Antigua and Barbuda, Belize, Grenada, Liberia, Maldives, Marshall Islands, Mauritius, Montserrat, Panama, Seychelles, St. Vincent & Grenadines and Vanuatu.
Earlier this month, Chancellor George Osborne repeated a promise to crackdown on international tax havens, which lose Britain billions in lost tax revenue each year.
John Christensen, director of the Tax Justice Network, blasted Britain's foreign aid spending in tax havens as "incoherent".
He told the newspaper: “Donor countries need to pay far more attention to whether aid-recipient countries are making sufficient effort to tax their wealthy citizens and tackle corporate tax avoidance.
"Tackling tax dodging is an important step towards reducing reliance on aid and external debt.”
Jonathan Isaby, chief executive of the TaxPayers' Alliance, said: "We spend too much taxpayers' money on overseas aid and have taken the ludicrous decision to ringfence it too so bigger spending reductions have to be made elsewhere.
"We need to rethink our entire approach to aid and ensure it is going to the world's poorest and making their lives demonstrably better."
A spokesperson for the Department for International Development said countries where its aid was directed tended to be very poor.
She also said the UK has an international obligation to assist economic development in British Overseas Territories, which include Montserrat.

http://www.express.co.uk

Comments

  1. Though all those previous laundry accusation both international and locally ,pl too greedy and addicted to crimes that the money lunadery continues...Pli si a like a hard drug addict ....even detoxication does not work of pl....remove these donkeys out of power now.

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  2. The government has never made public the monies donated by the British government. These must be accounted for, I'm afraid the UK government is inadvertently sponsoring a dictatorship that goes against the principle of human rights, civil liberties etc. The UK government should not go into bed with PL, they need to ask for transparency ask for accountability.

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  3. Now you know why James Michel is talking of giving the 13th. pay!
    The guy's little capacity to understand the complexity of the enormous wealth that EU and Arabs are pouring into little Seychelles and using it as a hub for money laundering and other fraudulent schemes, is beyond his comprehension to understand the grand scale operation.
    Now you know why he was talking about planting fish and talking to the ocean!
    Something has gone awfully wrong with whatever they were doing in the sea that the fish are now dying in their millions, of course they are saying it is algae but others say it is malediction.

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  4. BOulle also is candidate...sent by Michel to try and bring confusation in the election ..Boulle is a stooge like RAm,Pierre ,,,,that he hasnot named a vice president and make his manifesto public shows his stoogery and unseriousness ...we donot vote for crooks Boulle...

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