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Bullets, Beans


Wednesday, 21 December 2011

Big firms let off £25BILLION in taxes: As families are chased for every penny, corporate giants dodge their massive bills

The £25.5bn is HMRC's own 'ballpark estimate' of the maximum tax liabilities of big businesses

Britain's biggest firms owe the taxman up to £25.5billion, but are regularly let off the hook, MPs say today.

The sum is equivalent to £1,000 for every British family - or the equivalent of 6p being cut from the basic rate of income tax.

While families, shopkeepers and small businesses are forced to pay their bills in full, big businesses are striking favourable deals and have an 'far too cosy' relationship with HM Revenue and Customs....more

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