Tuesday, November 12, 2013

G4S and Atos won £1.4bn in state contracts but paid no tax: Watchdog finds G4S among companies handed huge taxpayer-funded sums without paying a penny back




‘Controversial outsourcing giants G4S and Atos paid no corporation tax in the UK last year, despite receiving more than a billion pounds from the taxpayer, auditors reveal today.

The National Audit Office (NAO) says the two firms received a total of £1.4 billion from the taxpayer for providing services that range from running prisons to assessing the health of the disabled.

But the spending watchdog says that neither firm paid a penny in corporation tax.’

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