- Amazon announced it paid over £1.3 billion in UK taxes last year, representing a significant increase of at least 20 per cent from the preceding year's £1 billion.
- This uplift in tax contributions is primarily due to a national insurance rate hike implemented last April, alongside increased payments in corporation tax and business rates.
- The direct taxes Amazon is liable for encompass corporation tax, business rates, employer national insurance, and the digital services tax.
- Notably, the company did not pay any corporation tax in 2021 and 2022, having benefited from the “super-deduction” tax break.
- Amazon, one of the UK's largest employers with 75,000 staff, generated over £30 billion in UK revenues last year and plans to invest £40 billion in the country between 2025 and 2027.
IN FULL
Amazon UK tax bill soars to over £1.3 billion amid rising costs
