As soon as you're leaving companies to decide whether they should offer to pay more tax, or
enable voluntary disclosures, it might go down well with the public, but again we're back at the catch - 22: what happens when the institutional shareholders demand a particular return or dividend, they're not going to be happy when the Director turns around and says «well we can't do that because we voluntarily paid more tax this year».
These initiatives
enable a voluntary disclosure to be made of previously undeclared income and generally offer reduced penalties, compared to the position if it is HMRC that discovers the non-declared income.
Not exact matches
Wattle's executive chairman Lazarus Karasavvidis said on Friday the extended
voluntary suspension would
enable Wattle «to manage its continuous
disclosure obligations» pending the finalisation of joint venture arrangements with Organic Dairy Farmers of Australia and a potential capital raise.