V8Druid
do it as well as you can,but learn to do it better
https://www.theconstructionindex.co.uk/news/view/tc-harrison-acquires-gunn-jcb
and on another note
www.theguardian.com
www.theguardian.com
Lord Anthony Bamford, the billionaire executive chairman of JCB and a prominent Conservative Party donor, has been under investigation by HM Revenue and Customs (HMRC) over his tax affairs. The inquiry focuses on a complex network of offshore tax havens and companies associated with the Bamford dynasty. Here are the key details:
Investigation Duration: The investigation has been ongoing for the past three years1. It is a serious inquiry, typically launched when HMRC suspects a significant loss of tax.
Offshore Holdings: The Bamford family controls the vast JCB empire through shares held in Bermudan family trusts. The investigation centers on when Lord Bamford and his brother Mark took ownership of these shares after their father, Joseph Bamford, passed away in 2001.
Potential Tax Bill: Reports suggest that the Bamfords could face a bill of more than £500 million to settle the investigation12. This substantial amount reflects the scale of their business empire and the alleged aggressive tax minimization efforts.
Political Connections: The Bamfords have been influential donors to the Conservative Party, maintaining close relationships with several former prime ministers, including David Cameron, Liz Truss, and Boris Johnson. Their gifts and donations to the Tories total more than £10 million over the past two decades1.
Disclosure: Interestingly, Lord Bamford has not informed parliamentary authorities about the ongoing tax investigation, despite the seriousness of the matter. According to the code of conduct for peers, a leading businessperson would typically be obliged to disclose such an investigation1.
As the investigation continues, it remains a topic of interest in political circles, especially as both the Conservative and Labour parties seek potential donors ahead of the next general election1. The outcome of this inquiry could have significant implications for Lord Bamford and the JCB empire
and on another note
Tory donors from JCB empire could face £500m bill to settle tax inquiry
Exclusive: HMRC investigation into peer Anthony Bamford and his brother focuses on offshore trusts that own business empire
HMRC investigating tax affairs of one of Tory party’s largest donors
Exclusive: Inquiry into tax affairs of JCB boss Anthony Bamford calls into question whether Tories should accept funds from peer
Lord Anthony Bamford, the billionaire executive chairman of JCB and a prominent Conservative Party donor, has been under investigation by HM Revenue and Customs (HMRC) over his tax affairs. The inquiry focuses on a complex network of offshore tax havens and companies associated with the Bamford dynasty. Here are the key details:
Investigation Duration: The investigation has been ongoing for the past three years1. It is a serious inquiry, typically launched when HMRC suspects a significant loss of tax.
Offshore Holdings: The Bamford family controls the vast JCB empire through shares held in Bermudan family trusts. The investigation centers on when Lord Bamford and his brother Mark took ownership of these shares after their father, Joseph Bamford, passed away in 2001.
Potential Tax Bill: Reports suggest that the Bamfords could face a bill of more than £500 million to settle the investigation12. This substantial amount reflects the scale of their business empire and the alleged aggressive tax minimization efforts.
Political Connections: The Bamfords have been influential donors to the Conservative Party, maintaining close relationships with several former prime ministers, including David Cameron, Liz Truss, and Boris Johnson. Their gifts and donations to the Tories total more than £10 million over the past two decades1.
Disclosure: Interestingly, Lord Bamford has not informed parliamentary authorities about the ongoing tax investigation, despite the seriousness of the matter. According to the code of conduct for peers, a leading businessperson would typically be obliged to disclose such an investigation1.
As the investigation continues, it remains a topic of interest in political circles, especially as both the Conservative and Labour parties seek potential donors ahead of the next general election1. The outcome of this inquiry could have significant implications for Lord Bamford and the JCB empire
