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London has turned into a favourite bolthole for the international business elite.
The cottage is small inside, but it could be the perfect bolt-hole.
I hope that, from 2004, the digital tachograph will prevent black sheep from finding new boltholes!
We all know that various individuals are, understandably, going to various boltholes.
I simply do not believe that boltholes cannot be blocked up with reasonable dispatch.
The same standards need to be applied across the world; if boltholes and weaknesses are discovered in certain places, the money will flow there.
They cannot be allowed to establish new bases and boltholes.
Tax evasion has increased sevenfold over the past seven or eight years and tax avoidance schemes, tax boltholes and tax loopholes are running riot throughout the country.
In other words, out of a sense of panic they were looking for a bolthole in which they could ensure their survival.
I can think of nothing more dangerous than to inscribe budgetary discipline simultaneously with the bolthole which enables us to evade it.
Many firms outside the zones have moved into the zones and the net effect is that they are used as a tax bolthole.
No similar bolthole exists for us today.
Legislation to ensure that the rules are used for their intended purpose, and not as an unworthy bolthole for the dishonest, may benefit the cause of freedom.
I support the thrust of these amendments in trying to fill another bolthole in which some people will seek to hide in order to avoid tackling some of these issues.
