article_snippet.sent: two main UK subsidiaries are owned by an operation based in the Republic of Ireland, where corporation tax is 12.5 per cent, compared with the UK’s 20 per cent.
article_snippet.sent: These tax manoeuvres are perfectly legal.
article_snippet.sent: ‘may have an adverse effect on our business’.
article_snippet.sent: two main subsidiaries owned paid corporation tax of £8.4million on profits of nearly £50million in 2013.
highlights_snippet.sent: Uses complex legal tax manoeuvres involving subsidiary companies .
  
highlights_snippet.sent: But new measures introduced by George Osborne set to close loophole .