Many of the major private health companies bidding for NHS services have tax avoidance measures ‘at the core of their activities’, research from Unite the Union has revealed.
The shocking report exposes ten major health companies including the four biggest private hospital chains in the UK, and Virgin Care and United Healthcare both currently bidding for major clinical contracts.
Tax expert Richard Murphy analysed ten private health firms actively bidding for and running privatised sections of the NHS. The research revealed that all ten make use of tax havens and extremely complex corporate structures to lessen their potential tax bill, while only two pay any significant tax in the UK at all.
The companies analysed by the 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.
Only two of the 10 companies…
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