Facebook to pay millions more in UK tax

Social media company to pay more tax as revenue from largest advertisers to be routed through UK rather than Ireland

Facebook could pay millions of pounds in UK tax after approving fundamental changes to its corporate structure in Europe.

Starting in April, the world's largest social network will change its policy so that revenue generated from its largest advertisers displaying content on Facebook will be routed through the UK rather than Ireland. The change is expected to generate higher taxable profits in Britain and forms part of the US company's plan to mitigate criticism of tax avoidance.