Mp Calls for Tax Re-Think

Summary


A TEESSIDE MP is calling on the Government to look again at a punitive retrospective tax, which could see at least one Teesport firm move its business overseas.

Port-related businesses are lobbying ministers to re-think its strategy on retrospective business rates - which are set to cost some companies millions of pounds and could drive the only importer of Renault cars into the UK out of Teesport.

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Mp Calls for Tax Re-Think

CAT (UK) may have to relocate from its 50-acre site after being hit by a...

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