Article R242 Uber pays £22,000 tax on £866,000 UK profit

Uber pays £22,000 tax on £866,000 UK profit

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from Technology | The Guardian on (#R242)
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Taxi-hailing app is latest company to risk public anger but says tax figure due reflects accounting losses in previous years

Uber is the latest company to risk public anger after paying 22,134 in UK corporation tax last year despite making an 866,000 profit.

The online taxi-hailing service was reportedly able to pay such a low sum as it legally transferred profits to its sister company in the Netherlands, where it would be liable for a lower rate of tax.

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