Article 766BW Amazon’s main UK arm handed £7.6m tax credit as profits soar to £355m

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

by
Mark Sweney
from World news | The Guardian on (#766BW)

Tech company received infrastructure relief as its five biggest UK divisions generate 32bn in revenues

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.

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