We paid tax bill

In your article last week ‘Britain’s worst tax scrooges revealed’ you claimed that SEGRO paid no tax last year. In 2018, SEGRO paid £16 million to HMRC in various taxes. When SEGRO converted to REIT (real estate investment trust) status it paid approximately £90 million to HMRC. It is therefore exempt from most corporation tax but SEGRO shareholders s are taxed directly on property income distributions. David Sleath, SEGRO chief executive

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