tax
Facebook enjoyed £11.3 million in UK tax credit
Facebook has been accused of recording £11.3 million in UK tax credit last year, having vowed to pay a fair amount after facing criticism in 2014 for paying just £4,327... Read More
DVLA loses out on £400mn in paperless tax disc move
The UK’s Driver and Vehicle Licensing Agency (DVLA) has lost out on around £400 million in tax in the first 12 months after introducing its paperless tax disc scheme. According... Read More
Facebook to pay millions more in UK tax as it abandons controversial arrangement
Facebook is to pay millions of pounds more in UK tax after years of controversial arrangements which saw the social network divert its profits through Ireland. A change in structure... Read More
Amazon Germany pays 0.1% tax rate in 2014, funnels sales through low-tax haven
E-retail giant Amazon.com’s German branch paid just 11.9 million euros (approx. £8.5 million) in tax last year, equivalent to a 0.1% tax rate considering the company reported $11.9 billion in gross... Read More
Australian tax avoidance clampdown is a double-edged sword, warns Google
Search giant Google has today warned Australia that its largest companies may face stricter retaliative rulings abroad should it follow the UK’s crackdown on organisations diverting revenue offshore. The warning... Read More