Prudential is understood to
be considering relocation of its headquarters to Ireland or Amsterdam in a bid
to cut down on its tax bill, Tax-News.com reports.
The move co-incides with news this week that another insurance company, RSA,
and Kingfisher, the retailer and owner of B&Q home stores is also plotting
to move offshore.
Banking giant HSBC was also reportedly considering a move away from the UK
The companies could be joining Alliance Boots which has quit Britain for
Germany and Shire for Ireland.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states