Rank receives £42.5m tax refund
No wonder the UK’s in such a financial sewer when it keeps giving away millions in VAT revenues. Hot on the heels of the £80m Ladbrokes received from the tax man, Rank is the latest winner in the great government giveaway, earning itself a tidy £42.5m handout for its troubles. While they’re in such a generous mood at Her Majesty’s Revenue And Customs, do they know I just had a birthday? Read more.
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