Petition · past parliament · HM Treasury
Work internationally to ban use of tax havens for offshore banking
Closed
755 signatures
What the petition asks
In light of the recent BBC Panorama report ‘Banking Secrets of the Rich and Powerful’, HM Government needs to take urgent steps to completely end the use of tax havens.
HM Government should begin the process of a broader international appeal to win hearts and minds from all other countries who provide these facilities. It will be essential to have the entire banking community on board with this.
Humanity as a whole, is living in unprecedented times due to the pandemic. It will be many years before the world sees a return to a normal way of life. There is an estimated $15 Trillion invested in tax havens around the world by wealthy individuals & corporations, many of whom appear to be pursuing a course of tax avoidance. Governments are borrowing heavily & they need tax receipts to pay their loans & provide a better society for us all. Billions could be harvested annually if these schemes are banned.
Humanity as a whole, is living in unprecedented times due to the pandemic. It will be many years before the world sees a return to a normal way of life. There is an estimated $15 Trillion invested in tax havens around the world by wealthy individuals & corporations, many of whom appear to be pursuing a course of tax avoidance. Governments are borrowing heavily & they need tax receipts to pay their loans & provide a better society for us all. Billions could be harvested annually if these schemes are banned.
Timeline
| 1 Oct 2020 | Petition opened for signatures |
| 1 Apr 2021 | Closed to new signatures |
Key facts
Signatures
755
Status
Closed
Department
HM Treasury
Opened
1 Oct 2020
Closed
1 Apr 2021
Follow this petition
Sign in to get an email when the government responds, a debate is scheduled or held, or the petition closes.
Source: the official petition page. Last checked 15 Jul 2026.