Corporation Tax

How Much Tax Did Amazon Pay After £4.2bn Sales?

PA | Posted 16.05.2013 | UK

The UK arm of internet shopping giant Amazon paid corporation tax of just £2.4 million last year despite earning sales of £4.2 billion. Details o...

Northern Ireland's 15th Birthday Present and Reward for Unruliness: A Handsome Cash Transfer

Brian John Spencer | Posted 29.04.2013 | UK Politics
Brian John Spencer

Fifteen years ago Tony Blair, Bill Clinton and other statesmen mediated the un-mediatable and created the Northern Ireland that we know today. Some see the bargain as a grand failure. The creation of a parochial sectarian state suspended in a form of purgatory with a bloody history and no future.

Npower Admits Paying No Corporation Tax for Three Years

PA | Posted 16.04.2013 | UK

Npower has admitted it has not paid corporation tax in the UK for three years, saying it has invested "billions" in new power stations and wind techno...

Jessica Elgot

'Tax Cuts For The Sector Which Needs It Least'

HuffingtonPost.com | Jessica Elgot | Posted 20.03.2013 | UK Politics

Budget 2013 live : Follow George Osborne's announcement here with our 'At A Glance' guide to all the big decisions on the economy. Corporation tax ...

Treasury Gets Tough On Tax Avoiding Companies

The Huffington Post UK | Charlie Thomas | Posted 14.02.2013 | UK

Companies found guilty of aggressive tax avoidance will be banned from bidding for major government contracts, under new rules published by the Treasu...

Amazon Made £498 A Second In Last Three Months Of 2012

The Huffington Post UK | Charlie Thomas | Posted 30.01.2013 | UK

As high street retailers continue to suffer, their pain will no doubt be made worse by learning that Amazon pulled in £498 EVERY SECOND in the last t...

Charlie Thomas

Britain's Biggest Companies Report Lower Tax Payments Four Years Running

HuffingtonPost.com | Charlie Thomas | Posted 14.01.2013 | UK

Britain's top businesses have paid less in corporation tax for the fourth year in a row, shelling out an average of 24.5%. A study by accountants U...

Multinationals Should Pay 'Single Figure' Of Corporation Tax

The Huffington Post UK | Paul Vale | Posted 30.01.2013 | UK Politics

The shadow chancellor has called for multinational companies to publish a “single figure” for the amount of corporation tax they pay in the UK to ...

Facebook Faces Scrutiny Over UK Tax Affairs

PA/Huffington Post UK | Posted 22.02.2013 | UK

Facebook is the latest firm to come under scrutiny over its tax affairs after reportedly siphoning £440m into an offshore haven to avoid payments in ...

Twitter Users 'Venti' Their Rage In Starbucks PR Fail

Huffington Post UK | Felicity Morse | Posted 17.12.2012 | UK

Starbucks hasn't had a lot of good PR recently, but this latest stunt takes the biscotti. A big screen at one of the coffee chains pop-up-cafe's s...

Charlie Thomas

Good News From The Autumn Statement For Bonnet Dramas And British Thrillers

HuffingtonPost.com | Charlie Thomas | Posted 13.12.2012 | UK

It appears chancellor George Osborne is a fan of British dramas - provided they're on the telly, and not in the corridors of Whitehall. Buried in t...

Charlie Thomas

Starbucks Lost The Media Battle, But Can It Win The Consumer War?

HuffingtonPost.com | Charlie Thomas | Posted 07.12.2012 | UK

Starbucks has said it will pay £10m in British tax for the next two years, and pledged a renewed pledge to enhance trust with its customers, followin...

Starbucks To Pay £10m Corporation Tax For Next Two Years

PA/Huffington Post UK | Posted 07.12.2012 | UK

Starbucks has said it will pay "somewhere in the range of £10 million" in UK corporation tax for each of the next two years. The US coffee firm - ...

The Pennies Are Dropping as the UK's Deficit Falls

Damian Collins | Posted 04.02.2013 | UK Politics
Damian Collins

To govern is to choose and in his autumn statement today setting our the governments tax and spending priorities, it's clear that George Osborne has not only fixed his economic strategy, but set in train the Conservative Party's approach to the 2015 general election.

Starbucks 'In Talks With HMRC Over Tax Approach'

PA/Huffington Post UK | Posted 02.12.2012 | UK

Starbucks has said it is in talks with HM Revenue and Customs over its financial practices after coming under fire for paying no corporation tax in th...

The Corporation Tax Conundrum

Marcus Liddell | Posted 27.01.2013 | UK Politics
Marcus Liddell

Corporate tax avoidance is rapidly becoming a big political issue. To most right thinking people the idea that multinational giants like Amazon and Starbucks avoid paying their fair share of tax is unacceptable.

Starbucks In PR Fail As Customers Let Rip On Comments Board

Charlie Thomas | Posted 15.11.2012 | UK

Starbucks has come under fire from its customers after attempting to write a blog justifying its tax expenditure in the UK. Kris Engskov, managing ...

Charlie Thomas

Spirited Hodge Fails To Land Killer Blow In Corporation Tax Grilling

HuffingtonPost.com | Charlie Thomas | Posted 13.11.2012 | UK

A hearing spanning almost three hours into how international companies pay income tax in the UK resulted in little progress as MPs struggled to land m...

Tax Avoidance Row Moves To Westminster

Charlie Thomas | Posted 12.11.2012 | UK

Leading chiefs from some of the UK's biggest companies will appear before MPs on 12 November to give evidence on the issue of tax avoidance. Matt B...

How Multinationals That Don't Pay Corporation Tax Could Help us All

Harry Freedman | Posted 22.12.2012 | UK Tech
Harry Freedman

What if these companies were to invest the equivalent amount of Corporation Tax they are saving, by supporting those start ups which at present cannot raise funding?

Tall Tax Paid On Venti Profits

PA/Huffington Post UK | Posted 16.10.2012 | UK

Coffee giant Starbucks has reportedly paid just £8.6 million in corporation tax in 14 years of trading in Britain and nothing in the last three years...

Top Five Internet Companies Pay Minimal Corporation Tax

The Huffington Post UK | Posted 12.10.2012 | UK

While the headlines are concentrating on the minimal amounts of UK tax paid by Facebook, the social networking monolith is far from alone in generatin...

Vodafone In Fresh Tax Row

PA | Posted 10.06.2012 | UK

Mobile phone giant Vodafone faced a fresh tax row today after it emerged that it paid no corporation tax in Britain last year. The firm earns sever...

Tax Talks At Stormont

PA | PA | Posted 15.12.2011 | UK Politics

Government ministers from London and Belfast have held talks on devolving corporation tax powers to Stormont. The discussions in Belfast marked the...

More Money For Banks, Less Tax, IoD Report Urges

Huffington Post UK | Peter Guest | Posted 03.12.2011 | UK

The Institute of Directors has called for a £50 billion programme of quantitative easing - an injection of capital into the financial system - as par...