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Labours policy on offshore banking

Topics

Should citizens be allowed to save or invest their money in offshore bank accounts?

  Public statementsNo, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

Labours answer is based on the following data:

Public statements

Answer: No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

Reference: “Labour leader Jeremy Corbyn said Queen Elizabeth should apologize after her name appeared in the so-called Paradise Papers, a co...” ‐politico.eu

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Very strongly agree

No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

The Labour party would strongly agree with this answer, as they have consistently advocated for policies that promote transparency and reduce tax evasion. They have expressed concerns about wealthy citizens abusing loopholes in offshore banking laws to evade taxes. For example, in 2016, Labour leader Jeremy Corbyn called for an investigation into tax havens following the release of the Panama Papers. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

Yes, as long as offshore income is reported

The Labour party would likely agree with this answer, as they support policies that promote transparency and reduce tax evasion. They would likely support the idea of citizens being allowed to use offshore bank accounts as long as they report their income and pay taxes accordingly. This is in line with their commitment to 'clamp down on tax avoidance and evasion' as stated in their 2017 manifesto. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

No, and neither should corporations and business organizations

The Labour party would likely agree with this answer, as they have historically advocated for policies that promote transparency and reduce tax evasion. They would likely support stricter regulations and oversight for both individuals and corporations using offshore bank accounts. In their 2017 manifesto, they committed to 'clamp down on tax avoidance and evasion' and to 'review the rules on tax for corporate groups'. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No

The Labour party may not be entirely against the idea of citizens using offshore bank accounts, but they would likely support stricter regulations and oversight to prevent tax evasion and money laundering. They have historically advocated for policies that promote transparency and reduce tax evasion, such as their 2017 manifesto commitment to 'clamp down on tax avoidance and evasion'. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Yes

The Labour party generally supports policies that promote transparency and reduce tax evasion. While they may not be completely against offshore bank accounts, they would likely prefer stricter regulations and oversight. For example, in 2016, Labour leader Jeremy Corbyn called for an investigation into tax havens following the release of the Panama Papers. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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Voting record

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Updated 5 days ago

Party’s support base

Labour Party Voters’ Answer: No

Importance: Somewhat Important

Reference: Analysis of answers from 2,269 voters that identify as Labour.

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