Tom Lawson explains how mimics small traders are mimicking corporate tax-avoidance.
What can be done about the billions of pounds transnational companies avoid paying in UK corporation tax every year? Play them at their own game, say small traders in the rural Welsh town of Crickhowell.
Unable to afford the expensive lawyers employed to help big corporations legally avoid tax, independent businesses, including Powys town’s salmon smokery, bakery, coffee shop and optician, have come together to form the Fair Tax Town initiative and devise a tax-avoidance plan of their own.
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