April 17, 2024

AndronETalksNews

AndronETalksNews

Amazon’s main UK division pays no corporation tax for second year in a row

The Guardian

Wed 31 May 2023 19.01 EDT
 

Amazon’s main UK division has paid no corporation tax for the second year in a row after benefiting from tax credits on a chunk of its £1.6bn of investment in infrastructure, including robotic equipment at its warehouses.

Amazon UK Services, which employs more than half of the group’s UK workers, received a tax credit of £7.7m in the year to the end of December, according to accounts filed at Companies House, advance details of which were shared by Amazon with the Guardian.