HMRC tax deal with Goldman Sachs challenged

UK Uncut was given leave to challenge the legality of the deal which saw Goldman Sachs avoid paying a multi-million point interest bill on unpaid tax on bonuses, the BBC reports. UK Uncut alleges £20m in uncollected tax should be returned to the taxpayer from Goldman Sachs. It said HMRC has made a deal with the investment bank over a dispute about National Insurance due on bonuses without requiring the payment of interest, the report explained. The case will now get a full judicial review. HMRC said it would strongly contest the allegations. A spokesman said large business tax s...