Edinburgh-based residential and commercial property developer AMA Newtown has confirmed it is the preferred bidder for Summerhall, the arts venue which was faced with a winding up petition at the start of this month. AMA has pledged that the arts will remain a priority in developing a sustainable fu
Summerhall
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Summerhall, the Edinburgh Fringe venue facing closure earlier this year, has been issued a winding-up petition by HMRC for unpaid corporation tax. Founder Robert McDowell disputes the claim, stating that tax is only owed on profits and not on investments and asset sales.