Tuesday, January 16, 2018

To avoid more collapses like Carillion, put workers on company boards

Carillion's auditors KPMG have some serious questions to answer. For the financial years 2016, the firm collected £1.4m for auditing and another £0.2m for tax advice. The accounts do not disclose why the tax bill is so low. The pre-tax profits for 2015 and 2016 were £155.1m and £146.7m respectively.
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