This Content Was Last Updated on February 9, 2017 by Jessica Garbett
Over the weekend Barclays bank and its 1% Corporation Tax charge has been hot news.
To be honest, I was tempted to ring up their accountants and join up myself – after all money is money, and I know when I’m out classed in the tax savings wheezes department.
Except, you know how it is, when something looks to good to be true, it probably is – and thats the case here.
I was going to do a little post breaking the figures down and showing how 28% becomes, legitimately, 1%, but Guido Fawkes has already done the task for me as has FCA blog
Moral is, I guess, don’t beleive everything in the newspapers.