That Reuters report on tax paid by big companies

Posted by Christie Malry on December 27, 2012 at 1:10 pm

Reuters have this exclusive today:

Big companies in Britain now pay less tax than they did 12 years ago despite a big jump in profitability, a Reuters analysis of official data shows. Tax campaigners say the trend is the clearest signal yet that tax avoidance has blossomed under a more business-friendly strategy at the UK tax authority Her Majesty's Revenue and Customs

It's a story in which they analyse HMRC data but don't provide their workings, and their only "experts" are John Christensen and Prem Sikka.

I think we can safely file this under "bollocks".

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