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…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Parents, talk to your sons about Andrew Tate – we teachers can’t take him on alone | Lola Okolosie

The messages of toxic, misogynist influencers can reach children more easily than…

Alexei Navalny is seen walking down stairs as recovery continues

Russian opposition politician describes ‘clear path’ to recovery and praises Berlin doctors…

Russia-Ukraine war live updates: Ukrainians break through Russian defences in south, advance rapidly in east

Ukraine appears to make biggest breakthroughs in south since war began; Russian…