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The “fair” process for handing out lucrative government contracts has been undermined by a secret deal between HM Revenue & Customs and EDS, the American technology giant, for up to £30 million worth of work, MPs claimed.
The Revenue and Customs (HMRC) has announced its latest crackdown on small businesses which incorporated to take advantage of the Chancellor's brief fling with a zero per cent rate of corporation tax, according to the Telegraph.