Article 6C0A3 Amazon’s main UK division pays no corporation tax for second year in a row

Amazon’s main UK division pays no corporation tax for second year in a row

by
Sarah Butler
from Technology | The Guardian on (#6C0A3)

Amazon UK Services received tax credit of 7.7m for investment in infrastructure under Rishi Sunak's super-deduction scheme

Amazon's main UK division has paid no corporation tax for the second year in a row after benefiting from tax credits on a chunk of its 1.6bn of investment in infrastructure, including robotic equipment at its warehouses.

Amazon UK Services, which employs more than half of the group's UK workers, received a tax credit of 7.7m in the year to the end of December, according to accounts filed at Companies House, advance details of which were shared by Amazon with the Guardian.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments