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BBC compared with 'Google, Starbucks and Amazon' for using tax break scheme to boost income

on Nov 2, 2014 | 0 comments

By Gillian West

The BBC has been likened to Google, Starbucks and Amazon by the chairman of the Commons public accounts committee, Margaret Hodge, for using a multimillion-pound tax break scheme to increase its income.

The corporation has taken advantage of George Osborne’s offer of tax breaks, dubbed the Downton Abbey Tax, for high end TV productions by setting up two limited companies and according to reports has reclaimed over half a million pounds (£530,000) this year from two dramas yet to be broadcast (‘One Child’ pictured).

“It is wrong for the BBC to deliberately set up an artificial structure to get taxpayers’ Read full story ›

Source: The Drum