The Inquirer-Home

Google won’t be paying much UK tax

That's why it has tax lawyers
Wed Aug 08 2012, 13:53
Google Logo

INTERNET GIANT Google isn't paying much tax in the UK this year, according to a report at the Telegraph, and will only kick out £6m in taxes on profits of £395m.

While normal people have to pay regular tax, large enterprises, the rich and celebrities often do not, and if the report is anything to go by Google is no different. Despite the company being a huge earner the payout column on Google's UK tax return looks rather different than the income column.

Google's executive chairman said that year that the company was 'obliged' to pay minimum tax here in the UK. He said, "There are lots of benefits to [being in Britain]. It's very good for us, but to go back to shareholders and say, 'We looked at 200 countries but felt sorry for those British people so we want to [pay them more]', there is probably some law against doing that."

The search firm hasn't rushed to provide us with a response to our request for confirmation, but a spokesperson told the Telegraph that it does abide by local tax rules. 

The amount of UK tax that the company pays has risen however, and according to filings at Companies House, Google paid less than £1m in UK tax last year. µ

 

Share this:

blog comments powered by Disqus
Advertisement
Subscribe to INQ newsletters

Sign up for INQbot – a weekly roundup of the best from the INQ

Advertisement
INQ Poll

Masque malware is putting iPad and iPhone user data at risk

Has news of iOS malware made you reconsider getting an iPhone?