PracticeAccounting FirmsKPMG gift to Labour may breach its own policy

KPMG gift to Labour may breach its own policy

Revelation in its annual report could prove embarrassing for big Four Firm

KPMG has donated £4,500 to the Labour Party in what appears to be a breach of
its own policy.

The revelation in its annual report could prove embarrassing after questions
in parliament about KPMG secondees in government.

The firm said it had purchased a table at a gala dinner hosted by the party,
which is categorised as a ‘cash donation’ by the Electoral Commission.

The commission also recorded a £16,250 cash donation this year, a sum the
firm suggested may have actually been a secondment mis-attributed as a cash
donation.

Senior partner John Griffith-Jones played down concerns over the donation,
telling Accountancy Age: ‘There’s no concern at all [about us being too close to
political parties]. We avoid being accused of political bias because we also
send secondees to all political parties. ‘

For more go to www.kpmg.co.uk

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