Clothing giant Next loses tax avoidance case
High street retailer Next has been hit with a £22.4m tax bill after a court ruled the firm’s complex tax scheme was artificial tax avoidance.
High street retailer Next has been hit with a £22.4m tax bill after a court ruled the firm’s complex tax scheme was artificial tax avoidance.
FTSE 100 company Land Securities has lost a court battle with HM Revenue and Customs (HMRC) that could have cost the UK at least £60 million.