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One in Three Now Boycotting Companies Following Tax Revelations 

Millions of Britons are boycotting companies seen to be avoiding their fair share of UK tax, new research from Christian Aid reveals

 
A ComRes survey about public perceptions around tax avoidance found a third (34 per cent) of Britons say that they are currently boycotting the products or services of a company because it does not pay its fair share of tax in the UK. Almost half (45 per cent) say they are considering a boycott.

Public outrage appears to be growing following recent revelations about the remarkably small amount of UK tax paid by some multinationals, the poll suggests.
 
One in three now boycotting co
Two out of three (66 per cent) Britons now believe tax avoidance to be morally wrong, according to this latest survey - up 10 percentage points from when people were asked the same question in August 2012. And a remarkable four out of five respondents (80 per cent) say that multinationals' tax avoidance makes them feel angry. 

But there is also public concern that the UK Government needs to do what it reasonably can about multinationals' impact on the rest of the world, the survey found. Almost three-quarters (72 per cent) of people 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 per cent) want to see multinationals' accounts more transparent and publicly available.

'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 the UK has a responsibility to ensure UK plc plays by the rules both home and away - and we hope the Chancellor will show he does too. The overwhelming majority (80 per cent) of the British public say that tax avoidance by multinational companies makes them feel angry.' 

'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.

The new survey also suggests that Britons have a strong sense of injustice around tax in the UK with 89 per cent of those questioned saying it is unfair that they have to pay their taxes when multinationals can avoid doing so, and 85 per cent saying that it is currently too easy for multinational companies to avoid tax.

Government ministers' recent condemnations of aggressive tax avoidance appear to have 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 per cent from 38 per cent in August. But the Government still has some way to go convincing voters as almost as many people (39 per cent) disagree.

But, as the UK readies itself to host the G8 Summit meeting in Northern Ireland in June, there is some comfort for the coalition. Three quarters (77 per cent) of those surveyed believe that David Cameron is right to make tackling tax evasion and avoidance a priority at the G8 meeting.

85 per cent say we need global leaders to stop multinationals from abusing the tax system, while 63 per cent think that strong action on tax avoidance and evasion at the G8 could help lift millions of people out of poverty around the world.

'People understand the importance of developing countries being able to collect tax that is owed to them by multinational corporations. Tax is a powerful weapon against poverty and three quarters of Britons agree that if developing countries could collect more tax then they would, in time, be less dependent on international aid, and therefore better able to provide for their own people,' adds Joseph Stead.

Christian Aid estimates that at present, multinationals' tax dodging costs poor countries $160 billon every year, far more than they receive in aid.

Christian Aid is part of the Enough Food For Everyone IF coalition, which is calling on governments to stop big companies dodging tax in poor countries, so that millions of people can free themselves from hunger.

The group of more than 100 charities and faith organisations wants the UK public to ask their MPs to lobby the Chancellor ahead of the Budget on 20 March. Enough Food For Everyone IF wants the Chancellor to use this Budget to require multinational companies to reveal the tax avoidance schemes they use in developing countries - and to commit the UK to sharing the resulting information with the countries concerned. This would help their tax authorities to decide how best to use their very limited resources.
 
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