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Ladbrokes proprietor Entain places apart £585 million to settle HMRC bribery probe

Ladbrkes and Coral proprietor Entain has put apart £585 million to settle an HMRC bribery probe into the Turkish business it offered in 2017.The betting large is in negotiations over a deferred prosecution settlement, and whereas it isn't ultimate, it says it expects to...

Taxman pursuing Uber for an additional £386 million in VAT

The taxman is chasing rideshare service Uber for an additional £386 million value of VAT, after it paid a £615 million settlement final 12 months.As first reported by lawyer Dan Neidle of Tax Policy Associates, Uber revealed in its half-year results final night time...

Tangled tax break method wants drastic overhaul, MPs warn

A main overhaul of tax breaks is required to finish abuse and untangle a sophisticated and increasing system, MPs have stated.An inquiry by the Commons Treasury Committee expressed concern a couple of critical lack of scrutiny of the tax reliefs, which cut back the...