Amazon’s main UK arm handed £7.6m tax credit as profits soar to £355m

The Guardian World ·

Amazon’s main UK arm handed £7.6m tax credit as profits soar to £355m

Amazon’s main division in the UK was handed a £7.6m tax credit last year by HM Revenue and Customs, despite profits at the retail-to-streaming company surging by more than a quarter to £355m. …

Amazon’s main division in the UK was handed a £7.6m tax credit last year by HM Revenue and Customs, despite profits at the retail-to-streaming company surging by more than a quarter to £355m. Amazon UK Services – which employs 66,000 staff, the vast majority of the company’s 75,000 employees in Britain – said it owed £9.1m in “current tax” last year. …

Original source: The Guardian World

Mentioned

Germany · Belgium · Britain · Customs · Netherlands · Prime Video