Boards
Labour paid no corporation tax last year despite being in surplus for its sixth year, the party’s annual accounts revealed yesterday.
Three months after Ed Miliband criticised irresponsible tax avoidance, it has emerged that his party reduced its corporation tax bill from £561,000 to zero by offsetting expenses and tax losses held over from 2011.
The Tories by contrast paid £521,000 tax in 2012 after generating £1.46 million pre-tax profit.
And don't forget the poor old Lib Dems whose corporation tax bill was only £15, following a profit of £66 on their investments and commercial activities.
http://www.thetimes.co.uk/tto/news/politics/article3825577.ece
Hmmm, interesting...