Amazon UK tax bill under £500m despite blockbuster year

Amazon warehouse

Amazon’s UK arm paid just £3.8m more corporation tax in 2020, despite sales rising by £1.9bn.

The retail titan recorded soaring sales in the year to December 2020, up 64% to £4.85bn, while profits skyrocketed by 25% to £128m.

Despite this, accounts for Amazon’s UK services division filed through Companies House show it paid just £3.8m more in corporation tax than it did in 2019, up 26% to £18.7m.

 

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