Tax avoiders are bidding for major NHS contracts – Welfare Weekly

Last Updated: March 25, 2015By

150325saveNHS

Private health firms bidding for major NHS contracts have tax avoidance measures ‘at the very core of their business planning’, new research reveals, according to Welfare Weekly.

Research by tax expert Richard Murphy reveals how private health companies, who are actively bidding for and already running sections of the NHS, are going to extreme measures to avoid paying their fair share in taxes.

Richard Murphy analysed ten private health firms and found that they all make use of tax havens, and complex corporate structures to lessen their potential tax bill.

The companies analysed by Richard Murphy’s research are: Care UK, Circle, General Healthcare Group, HCA, Bio Products Laboratory Holdings, Ramsay Healthcare, Spire Healthcare, The Practice, Optum (United Health) and Virgin Care.

He found that only two of the ten companies pay any significant tax in the UK and all of them have links to offshore tax havens, including the Channel Islands, British Virgin Islands and Luxembourg.

Read the rest on Welfare Weekly‘s website.

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10 Comments

  1. M de Mowbray March 25, 2015 at 10:35 am - Reply

    Sickening.

  2. Steve Grant March 25, 2015 at 10:45 am - Reply

    Kick them all out….Ban them from doing business in this country on any level

  3. Mr.Angry March 25, 2015 at 10:48 am - Reply

    Mike missed your blogs internet down past four weeks, re the above I am aware of this and must say nothing surprises me anymore, it’s to be expected. No doubt many of the private heath groups have US Links.

    This will really help the economy I am sure !!!!!!!!!!

    Wonder what level of donations have gone over to D C’s lot, the mind boggles. What a corrupt society we now live in.

  4. Jeffery Davies March 25, 2015 at 11:13 am - Reply

    Hum all in it together it seems we wernt while they raid our nhs and tax payers pot linning their nests but taking any monies offshore isnt that quaint just like the tories to show how we all in it together but just not them and their mates

  5. dennis mchugh March 25, 2015 at 11:23 am - Reply

    This lot have forgotten. There lessons. Come may hope there text books are cleat

  6. Joy Morby March 25, 2015 at 11:38 am - Reply

    What would a labour government do regarding these companies? They shouldn’t be allowed to bid.

  7. A-brightfuture March 25, 2015 at 12:34 pm - Reply

    This government is going all out for the slash and burn before the General Election.
    If its not nailed down, the Tories will sell it off.

    Roll up…………Roll up…..Its the sale of the century, everything must go, due to a foreseeable change of top management.!!!!!!!!!!!!!!

  8. jaypot2012 March 25, 2015 at 4:34 pm - Reply

    And the people of the country are doing?

  9. Gary March 26, 2015 at 2:55 am - Reply

    Break it up, sell it off, money goes into private pockets. Even without technically privatising they manage to get some money offshore to their grubby friends. Our local Customs Building, part of which was a museum, is now owned by our local authority, again. The building is large, old, listed and was built for and owned by the burgh council originally. It passed onto Customs and latterly HMRC. You’ll remember that our leaders decided to do a ‘leaseback’ deal. Common enough in business it is usually used to free up monies tied up in assets to fund expansion of the business etc. In the case of our local building this was not so. They had already planned its closure. So the building, no longer publicly owned, was then sold to our local authority at a great profit for our friends in the Bahamas. They sell what’s yours, keep the money and you buy it back again. They’ll KEEP doing this unless legislative safeguards are put in place to prevent them.

  10. NMac March 29, 2015 at 8:31 am - Reply

    The Tories are deliberately selling the NHS to their wealthy friends who, like them, want to see an end to the NHS which the Tories have always hated right from the start.

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