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June

MGI World

UK Tax review exceeds expectations

26th June 2014

MGI World MGI Worldwide UK & Ireland Area news item, folded newspapers image

Bob CrawfordJeffery Crawford & Co have announced that this month they have concluded a UK tax review for a company which had just in excess of €3 million for the sale of a land restriction in Central London. The tax charge has been agreed at €44,000, or an effective 1.5% corporate tax rate.

The auditors of the company had estimated a tax liability of close to €1,000,000 or an effective 33% corporate tax rate.

Bob Crawford, Principal at Jeffrey Crawford & Co commented: “Needless to say the company and ourselves are delighted!”