Tax loophole for UK businesses set to close

16 Mar 2013
Last updated during 06:49 ET

Around 100,000 employees could be incompetent for orthodox ill compensate – and not be wakeful of it

A taxation loophole that allows firms to evasion £100m a year in National Insurance will be sealed underneath a new intrigue targeting offshore payroll services.

Chief Secretary to a Treasury Danny Alexander pronounced a loophole authorised UK companies to equivocate profitable taxation for thousands of workers.

Mr Alexander pronounced British firms with British staff contingency compensate British taxes.

He will announce a pierce in a debate to a Scottish Lib Dem conference.

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Read full article: http://www.independent.co.uk/sport/racing/cheltenham-festival-fears-for-j-t-mcnamaras-future-after-operation-on-neck-8536881.html

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