Saturday, 4 December 2021

Google reveals £36 m UK tax bill

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LONDON: The US search engine giant recorded sales of £1.03bn and a pre-tax profit of £149m in the UK for the 12 months to the end of June 2016. Like other major tech firms, Google has come under pressure over its tax arrangements. Labour said the firm was still not paying its “fair share” of tax in the UK. Google’s accounts also showed it hired an extra 600 workers to take its UK workforce to nearly 3,000 last year. Google reported on Friday that it paid £36.4m on pre-tax profits of £148.8m in the year to 30 June. Revenues fell to £1bn, it said. That compared to a £46.2m bill covering the previous 18 months. A spokesman said: “As an international business, we pay the majority of our taxes in our home country, as well as all the taxes due in the UK. “We have recently announced significant new investment in the UK, including new offices in Kings Cross for 7,000 staff.”

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