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The Guardian - UK
The Guardian - UK
Business
Rupert Neate Wealth correspondent

King Charles urged to push for breakup of UK’s ‘network of satellite tax havens’

palm tree and white sand beach at Cane Garden Bay, Tortola, British Virgin Islands
The Tax Justice Network claims the UK and its network of satellite tax havens, such as the British Virgin Islands (pictured), make it the world’s biggest enabler of global tax abuse. Photograph: cdwheatley/Getty Images/iStockphoto

King Charles has been urged to call for the breakup of the “UK’s network of satellite tax havens” through which an estimated £152bn worth of tax is avoided every year, according to campaigners.

Tax Justice Network, a coalition of researchers and activists campaigning against tax avoidance, are today calling on King Charles to use his reign as monarch to call for a revamp of laws that allow industrial scale tax avoidance in the UK, the crown dependencies and the British overseas territories.

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