Welcome to WebmasterWorld Guest from

Forum Moderators: goodroi

Message Too Old, No Replies

Google Tax Under Scrutiny Over Latest UK Filings

9:39 am on Oct 1, 2013 (gmt 0)

Administrator from GB 

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:May 9, 2000
votes: 240

Unless someone changes the system, this is going to run and run.

Google paid just 11.6m in UK corporation tax last year, despite revenues of 506m and a 36.8m profit, according to documents filed at Companies House.

It followed a payment of 6.1m in 2011, for which the company posted a 24.1m loss on a 395m turnover. The company made global profits of $10bn (6.2bn) in 2012.Google Tax Under Scrutiny Over Latest UK Filings [theguardian.com]
The latest Companies House filings showed Google also set aside 24m for taxes associated with shares awarded to staff between 2005 and 2011, to comply with new rules from HMRC.
6:57 pm on Oct 5, 2013 (gmt 0)

Senior Member

WebmasterWorld Senior Member 5+ Year Member Top Contributors Of The Month

joined:June 6, 2006
votes: 25

If they've done anything illegal they should be punished. Otherwise it's another case of politicians blaming others for their own incompetence in framing the law, something we're quite used to in the UK.