UK tax policy: do as I say, not as I do

George Osborne
George Osborne

When it comes to tax, quite often the problem with governments is that it's 'do as I say, not as I do'.

This has been evident recently. Chancellor George Osborne has been huffing and puffing around Europe berating countries that are less than transparent when it comes to banking and allow money to be squirrelled away offshore where the UK taxman can't get his hands on it.