Tag Archives: Jennie Granger

Appeal loss sees Ladbrokes hit with £70 million HMRC tax charge

SBC News Appeal loss sees Ladbrokes hit with £70 million HMRC tax charge

UK business news sources have reported this weekend, that bookmaker Ladbrokes has been hit with a £70 million tax charge relating to an overturned UK Revenue & Customs (HMRC) ‘2008 tax avoidance’ scheme. The UK Tax Tribunal stated that Ladbrokes Group and its auditor Deloitte knowingly exploited a 2008 tax loophole relating to loans between corporations and third parties to …

Read More »