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Now That Is What You Call A Tax Refund

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OneFootInTheGrave

OneFootInTheGrave Report 16 May 2013 08:23

Amazon Sales £4.2bn, Tax Paid £2.4m, Grants Received £2.5m :-S

Amazon's UK subsidiary paid £2.4m in corporate taxes last year on sales of £4.3bn, a rate of less than 0.1%, the online retailer's accounts show :-|

The tax bill was almost as much as the £2.5m in government grants Amazon received over the same period, according to a Companies House filing :-|

The taxes are relatively low compared to sales because the company earns its profits in Luxembourg.

http://www.bbc.co.uk/news/business-22549434

Researching:
I am researching the Wotherspoon family from the Old/New Monkland areas of Scotland, some moved to the Leslie and Kelty areas of Fife and I'm having problems linking the Wotherspoon's from Leslie and the Wotherspoon's from Kelty. I am also researching the Clusker family from Co. Meath in Ireland who moved to West Lothian and from there to Fife............"Vita non est vivere sed valere vita est"

JustJohn

JustJohn Report 16 May 2013 09:22

What a soft touch UK Ltd is. Loads of people without NI numbers, no tax and NI being paid on their cash in hand wages. Most of wages filtering back to their families in other parts of the world.

Huge money being made in drug factories. One locally had dug an illegal deep well to get water, and had tapped into local street lighting for electricity and had over a million pounds worth of cannabis plants on premises (a posh suburban house in a very respectable area).

And huge multi-national companies like Amazon deciding where, when and how much tax to pay:-0 :-0 :-0

Researching:
Amelie my granddaughter's ancestry. My ban until 1 Jan 2021

+++DetEcTive+++

+++DetEcTive+++ Report 16 May 2013 09:56

If Amazon are so profitable, why have they been given grants? :-S

Researching:
Dormant member as from 20 Sep 2019 . Click on my board name to send a message