Jake Berry MP Backs Campaign to End Tax Dodging

Jake has joined the charity in calling for an end to the secrecy surrounding who really owns most companies in the UK.

 

At present, some owners are hiding their profits behind ‘phantom firms’ – a complex network of network of trusts and shell companies – in order to conceal the real owners, the profits they make and the taxes that they owe.

 

Jake said:

 

“Companies with hidden ownership are like Russian dolls – we can’t see who’s at the centre and that is allowing some owners to get away with massive fraud.

 

“If the information is made public then tax dodgers, those taking and paying bribes, money launderers and other criminals are more likely to be exposed and caught.”