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Are Hull City merely a tax dodge for Mr Allam?

Discussion in 'Hull City' started by Chillo, Dec 12, 2013.

  1. petersaxton

    petersaxton Well-Known Member

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    The main rate of corporation tax for the last few years has been:

    2009-10 28%
    2010-11 28%
    2011-12 26%
    2012-13 24%
    2013-14 23%

    Allam Marine Limited profits in recent calendar years are:

    2010 £17.1m
    2011 £22.6m
    2012 £11.0m

    You may be talking about significant tax savings but nothing to compare with what he's put in to the club. He's also getting interest on the money loaned to the club..
     
    #21

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