Amazon's UK business paid just £11.9m in tax last year
by Simon Bowers from Technology | The Guardian on (#CAMP)
Online retailer's Luxembourg unit took 5.3bn sales from British internet shoppers, a rise of 14%, but Amazon.co.uk Limited recorded profit of just 34.4m
Amazon's booming UK business paid just 11.9m of tax last year, while the online retailer's Luxembourg unit took 5.3bn of sales from British internet shoppers without being subject to UK tax, according to company filings.
The Amazon group posted a strong UK performance in 2014, with overall takings rising by more than 14% to 5.3bn. However, its British-based Amazon.co.uk Limited subsidiary recorded a profit of just 34.4m and tax of 11.9m, according to results filed at Companies House this week.
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