United Business Media and
pharmaceutical giant Shire’s tax base switch to Ireland has angered the
Treasury, which is about to publish plans to reform the taxation of British
companies’ foreign subsidiaries.
But UBM’s decision to move its tax base to Ireland is particularly galling
for senior ministers because of the very close links between the government and
Adair Turner, the company’s longest-standing non-executive director, The
Although Lord Turner of Ecchinswell sits on the cross-benches in the House of
Lords, he is closely associated with Labour after having chaired a three-year
inquiry into pensions reform.
Business groups are backing UBM and Richard Lambert, CBI director-general,
said firms were ‘seriously concerned’ about the high level and rising complexity
of taxation in the UK, and were increasingly prepared to vote with their feet.
‘The Treasury cannot ignore this issue or argue that companies are crying wolf,’
IR35 employment status tax rules may result in workers losing part of their income, says professional body
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks