Fantastic news! We’ve just heard that Stephen Williams MP has tabled an amendment to the Finance Bill calling on the government to look at the impact of the new tax loophole on developing countries.
Here’s what it says:
With effect from the passing of this Act, HM Treasury shall consult the Department for International Development on the impact of this Act and the proposals in each succeeding Finance Bill on developing countries to which the Department provides aid, and report to Parliament annually on the results of the consultations.
This is a great result, particularly as it comes just hours after we sent an email to many of you asking you to push MPs to take action one last time. We know that Stephen Williams got the message from his constituents and has taken notice!
This good news comes after a week of frustration. Whilst David Cameron was calling Jimmy Carr’s tax affairs “morally wrong”, the committee looking at the Finance Bill was quietly pushing through the new tax loophole that we’ve been campaign so hard against. This new amendment puts our campaign firmly back on the agenda.
But the job’s not done yet. The amendment still needs to be accepted when the Finance Bill goes to Parliament next week. The more MPs that support the amendment or stand up in Parliament, the greater chance it has to succeed. So if you haven’t done so already, please email your MP to ask them to support the amendment and make sure the government finally puts its words into action.