TaxCorporate TaxRSA and Kingfisher mull tax moves

RSA and Kingfisher mull tax moves

Kingfisher move being considered 'more in sorrow than in anger'

Both Kingfisher, the retail giant and owner of B&Q, and insurer RSA could
move abroad for tax reasons, reports claimed.

Kingfisher was described as reluctant to move its HQ, bu ist undertaking the
review as part of a detailed look at any moves that might improve its financial
performance.

The
Daily Telegraph
quoted a source ‘close to the company’ saying that the
move was being considered ‘more in sorrow than in anger’.

RSA’s chief executive Andy Haste has said a move to Dublin could save the
insurer £50m, with a spokesman for the company quoted as saying that a move was
being ‘considered’.

Further Reading:

Read
The Daily Telegraph‘s story

Read the City
AM
story

Related Articles

Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

2m Alia Shoaib, Reporter
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

3m Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

3m Clear Books | Sponsored
CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

Corporate Tax CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

3m Austin Clark, Reporter
‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

3m Emma Smith, Managing Editor
Should I incorporate my buy-to-let business?

Corporate Tax Should I incorporate my buy-to-let business?

4m Emma Rawson