Osborne: Tax avoidance is 'morally repugnant'

A crumb of comfort for the rich - we couldn't do it without you (at least the ones who pay tax). Tax avoidance is "morally repugnant".

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'Hotchpotch' Budget attacked

The Chancellor's Budget calculations have been questioned by the respected independent economic analysts, the Institute for Fiscal Studies. It criticised the "hotchpotch" of reforms that it warned may fail to raise as much income as predicted.