Aug 3, 2018

Amazon pays £1.7m corporation tax in the UK

Amazon incurred just £4.6m in UK corporation tax last year, down from £7.4m in 2016, its accounts reveal. The figures for Amazon UK Services Limited show the online retail giant paid just £1.7m in tax after deferring £2.9m. Its UK operations made an operating profit of almost £80m, up from £48m in 2016. An Amazon UK spokesman said it paid all the tax it was required to "In the UK and every country where we operate". Amazon UK Services is the division which runs the fulfilment centres which process, package and post deliveries to UK customers. The £1.98bn figure is a charge reported by Amazon Services UK to the parent company for the cost of making deliveries to customers.

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