Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Labour has said Theresa May’s husband Philip has “serious questions to answer” about his firm’s links to possible tax avoidance highlighted in the Paradise Papers.
Private Eye magazine has seen emails that suggest Mr May’s company, Capital Group, used an offshore law firm called Appleby to arrange investments for clients in tax havens.
The documents suggest Capital Group has funds registered in the Cayman Islands, which were used to investment in a South American agriculture company called El Tejar.
Labour's Shadow Minister for the Cabinet Office, Jon Trickett, said: "There are some serious questions for Philip May to answer about his firm's use of tax havens, whether he had any knowledge of it and if he thinks this is an acceptable way to do business.
"Labour has previously asked Theresa May what her government plans to do to clamp down on the tax havens where money is squirrelled away to avoid paying taxes for public services in this country. When it comes to paying tax, there is one rule for the super-rich and another for the rest of us and, in refusing to act, the Prime Minister appears to condone this."
A Number 10 spokesperson said that Mr May works in “retirement solutions” not offshore investments. Neither he nor Theresa May have any personal interests in offshore investments.
"Neither the prime minister nor Mr May have any direct offshore investments," her spokesperson said last week.
"Their investments have been declared to the Cabinet office and are held in a blind trust."
Capital Group has not yet responded to a request for comment.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments