@MForstater fair point. It has arithmetical basis (interest deduction x tax rate) and I did say interest relief is not avoidance.
. @hselftax on Boots tax http://www.out-law.com/en/articles/2013/October/claiming-interest-relief-is-not-tax-avoidance-says-expert/ … Given relative taxtweep silence on this I guess most see 1.1bn number as silly. Why not say?
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