Settlement

Property company Harlequin has settled its libel action against accountancy firm Wilkins Kennedy, its former employee Jeremy Newman and the firm’s current partner Martin McDonald.

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Lawyers for Sir David and Sir Frederick Barclay have returned to the High Court to pursue the final chapter of their six-year battle to extract a £1bn VAT settleme

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US bank JP Morgan is getting close to reaching a £500m settlement with HMRC to pay back taxes from an offshore trust for bonus payments.

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Most employers settle tribunal cases out-of-court, despite good odds of making a successful defence if pursued through the courts.

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The National Audit Office (NAO) concluded that five corporate tax dispute settlements with HMRC were “all reasonable” and produced a positive outcome for the Exchequer.

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The National Audit Office (NAO) will launch an investigation led by a judge into corporate tax settlements agreed by HMRC.

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