Valley Bluenose
Well-Known Member
To be fair, until its confirmed otherwise, the story is mostly speculation. Yes, for sure, HMRC have reduced their bill for penalties by a whopping £26m - but that's a year old story. The reduction in the actual tax calculation that takes the overall bill down to circa £20m has not been confirmed, quite the opposite in fact. Even BDO say they don't expect a decision on that until next year.
I remain puzzled by The Times running this story without either a follow-up angle or imminent confirmation of the error in the 'grossing up' calculation. It would appear neither is about to happen - so why has this year-old story gone to print? What has prompted it?
I remain puzzled by The Times running this story without either a follow-up angle or imminent confirmation of the error in the 'grossing up' calculation. It would appear neither is about to happen - so why has this year-old story gone to print? What has prompted it?