The Post Office could be facing a £100m bill and insolvency after claiming a tax break for compensation payments to sub-postmasters, a leading expert has told Sky News.
6:04am. we will focus on the post office. we have had the rise this week but other details are coming through. week but other details are coming throu~h. , , ., , ., ., week but other details are coming throu. h. , , ., , . ., . through. this story related to tax and how much through. this story related to tax and how much tax through. this story related to tax and how much tax has through. this story related to tax and how much tax has been - through. this story related to tax i and how much tax has been paid. the post office may have underpaid more than £100 million in tax while overpaying its senior executives. that s according to experts the tax policy associates, who say the post office paid less tax by deducting payments to victims of the horizon it scandal from its profits. they say this could be a possible breach of tax law. here s our business editor simonjack to explain. what they have been doing is deducting compensation due to victims of the scandal from their report
The Post Office faces a £100m bill and insolvency after it claimed a tax break for compensation payments made to sub-postmasters affected by the Horizon IT scandal.