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A pink piggy bank sits next to a map of a country to represent Offshore Tax Havens

A pink piggy bank sits next to a map of a country to represent Offshore Tax Havens

Pictured is a light pink piggy bank sat against a map of a country and a white background. This piggy bank represents Offshore Tax Havens, which is a prevalent method of tax avoidance in the UK.

Tax avoidance is slightly different from tax evasion in the sense that it is legal. However, it still costs the UK billions of pounds each year and contributes well to the tax gap in Britain, Offshore Tax Havens play a part in this.

This picture has been released under the Creative Commons License, feel free to use, but please attribute Patrick Cannon at www.patrickcannon.net/.

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Photo taken on 29 November 2018 (© Patrick Cannon Tax Barrister / Flickr)

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 offshore, tax, haven, avoidance, evasion, uk, gap, government, hmrc, panama, papers, offshoring, letters, countries, pins, pinned, string, coloured, taxation
 

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