Article 5DPZR Amazon reports UK sales rose by 51% in 2020

Amazon reports UK sales rose by 51% in 2020

by
Rupert Neate Wealth correspondent
from Technology | The Guardian on (#5DPZR)

Lockdown helped company make 19.4bn but it has not stated how much tax it paid in the UK last year

Amazon's UK sales soared by 51% last year to a record $26.5bn (19.4bn) as people trapped at home due to the coronavirus pandemic lockdowns turned to the internet retailing giant to buy items unavailable in closed high street stores and to keep them entertained.

While Amazon celebrated the rise in revenue collected from UK customers, the company did not state how much tax it paid in the UK last year. The company, which has made its founder and outgoing chief executive Jeff Bezos a $200bn fortune, paid just 293m in tax in 2019 despite the company collecting UK sales of $17.5bn that year.

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