Let’s talk about tax avoidance by Theresa May and her husband

Last Updated: November 7, 2017By

Philip and Theresa May.

We all know the official story – neither the prime minister nor her husband have anything to do with tax avoidance.

Downing Street was asked to confirm Mrs May’s – and her husband’s – tax arrangements yesterday and it seems the response has now come through:

“Neither the prime minister or Mr May have direct offshore investments, their investments have been declared to the cabinet office and are held in a blind trust,” a spokesman told reporters.

A blind trust is one in which the beneficiaries have no knowledge of the holdings and no right to intervene in their handling.

This means it is entirely possible that this trust is involved in tax avoidance schemes, even though Mrs May might not know about it.

Her husband’s situation is even more grim, as it has already been reported that his company is directly involved in tax avoidance. Here‘s The Independent – from last year:

The relatively unknown investment fund where Theresa May’s husband Philip works as a senior executive is one of the world’s largest and most powerful financial institutions, controlling $1.4 trillion in assets.

Its portfolio also includes $20 billion of shares in Amazon and Starbucks, both of which were cited by the Prime Minister-designate in her pledge to crack down on tax avoidance

Both situations provide the Mays with plausible deniability. A blind trust denies the beneficiary any control, and Mr May can say he is not involved with the accounts of companies that avoid tax.

But, in the light of this information, does anybody really think Mrs May is the prime minister who is going to crack down on tax avoidance?


Vox Political needs your help!
If you want to support this site
(
but don’t want to give your money to advertisers)
you can make a one-off donation here:

Donate Button with Credit Cards

Here are four ways to be sure you’re among the first to know what’s going on.

1) Register with us by clicking on ‘Subscribe’ (in the left margin). You can then receive notifications of every new article that is posted here.

2) Follow VP on Twitter @VoxPolitical

3) Like the Facebook page at https://www.facebook.com/VoxPolitical/

Join the Vox Political Facebook page.

4) You could even make Vox Political your homepage at http://voxpoliticalonline.com

And do share with your family and friends – so they don’t miss out!

If you have appreciated this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!

Buy Vox Political books so we can continue
fighting for the facts.


The Livingstone Presumption is now available
in either print or eBook format here:

HWG PrintHWG eBook

Health Warning: Government! is now available
in either print or eBook format here:

HWG PrintHWG eBook

The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here:

SWAHTprint SWAHTeBook

latest video

news via inbox

Enter your email address to follow this blog and receive notifications of new posts by email.

3 Comments

  1. NMac November 7, 2017 at 3:32 pm - Reply

    A couple of corrupt shysters.

  2. Rupert Mitchell November 7, 2017 at 4:04 pm - Reply

    What would be the purpose of using a “blind trust” then? Nobody in their right mind would place funds in a “trust” where they were unable to retrieve those funds so there must be some other reason!

  3. Jeffrey Davies November 8, 2017 at 7:26 am - Reply

    hold on he sits on a board that can benefit from all these contracts that her and her gov give out oh dear fraud

Leave A Comment