© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

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

Amazon UK Services received tax credit of £7.7m for investment in infrastructure under Rishi Sunak’s super-deduction scheme

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.

Continue reading…

Related posts

Archie Battersbee, boy at centre of legal battle over life support, dies

AEA3

Middle East live: Palestinians start to return to homes in north Gaza after Israeli hostage deal reached

AEA3

US military has ‘no plan’ to shoot down debris from Chinese rocket

AEA3

Pin It on Pinterest

Share This