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The Nexus
BUSINESSJul 2 · 04:00 UTCFINANCIAL TIMES WORLD

HMRC’s clampdown on the corporate structure that saves City firms millions

The UK tax authority, HMRC, has initiated a clampdown on corporate structures, specifically limited liability partnerships, which have been used by City firms to save millions. HMRC has successfully won multiple legal cases related to these structures.

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