Arab Today, arab today foreign firms owe british taxman £55bn
Last Updated : GMT 06:11:27
Arab Today, arab today
Arab Today, arab today

Foreign firms owe British taxman £5.5bn

Arab Today, arab today

Arab Today, arab today Foreign firms owe British taxman £5.5bn

London - AFP

Foreign companies in Britain owe around £5.5 billion in taxes, figures unearthed by The Times newspaper showed Saturday. Her Majesty\'s Revenue and Customs (HMRC), the tax-collecting body, has identified 258 big multi-national firms thought to have outstanding tax bills amounting to that sum, the daily said. According to figures the newspaper obtained under Britain\'s freedom of information laws, British businesses owned by foreign parent firms made up 44 percent of all potential tax lost through underpayments by the kingdom\'s largest companies. Margaret Hodge, who chairs parliament\'s Public Accounts Committee cross-party scrutiny body, told The Times: \"Over the past few months there has been growing anger at what is seen to be unfairness in the tax system. \"If you\'re rich, you get away with tax avoidance, and if you\'re an ordinary person, you pay your fair share.\" HMRC chief executive Lin Homer is to be questioned by the committee on Monday. In total, some 551 British and foreign big firms are thought to owe HMRC at total of £12.5 billion (15.6 billion euros, $20 billion) in tax.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today foreign firms owe british taxman £55bn Arab Today, arab today foreign firms owe british taxman £55bn

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today foreign firms owe british taxman £55bn Arab Today, arab today foreign firms owe british taxman £55bn

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday