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Thursday, May 16, 2013

A taxing question

Amazon paid less in UK corporation tax last year than it received in government grants, its official company accounts show.
Its corporation tax bill was just £2.44m – less than the £2.5m it received from the Scottish Government in inducements to build a new distribution warehouse in Dunfermline.

Its corporation tax bill was just £2.44m – less than the £2.5m it received from the Scottish Government in inducements to build a new distribution warehouse in Dunfermline.

Alex Salmond has previously spoken of what he described as an “historic” deal that saw Amazon set up a distribution centre in Dunfermline, alongside its customer call centre in Edinburgh.
Peter Walsh, Scottish spokesman for union Unite, warned the latest Amazon tax payments were a “drop in the ocean” compared to its vast UK sales figures. “We desperately need to look at tax reform and how to achieve tax justice,” he said. “The taxes they pay, combined with the fact they are a low-wage, low-skills employer, poses the question as to what benefit they bring to Scotland and to the UK. We have put significant public funds into luring this employer here and this is what we get back.”

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