The global megacompanies supplying some of Britain’s most popular meat brands, including KFC, Nando’s chicken and Sainsbury’s organic range, appear to have been using offshore companies that allow them to avoid paying millions of pounds in tax in the UK.
An investigation by the Guardian and Lighthouse Reports has found that two companies – Anglo Beef Processors UK and Pilgrim’s Pride Corporation (owned by Brazilian beef giant JBS) – appear to have reduced their tax bill by structuring their companies and loans in a way that allows them to take advantage of different tax systems, in what one expert has described as “aggressive tax avoidance”.