Jeremy Corbyn has sent Amazon a 25th birthday card insisting that it should be paying more tax in the UK. He’s also insisting that it should be paying the staff more. Can’t really be both now, can it? If you pay the staff more then there are fewer profits to pay tax upon. The Tax Justice Network gets even more confused on the issue.
Amazon UK paid only £1.7m in corporation tax in 2017, its most recent annual public filing at Companies House, as pre-tax profits tripled to £72m.