uber pays £22,000 tax on £866,000 uk profit /

Published at 2015-10-20 16:28:48

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Taxi-hailing app is latest company to risk public infuriate but says tax figure due reflects accounting losses in previous years Uber is the latest company to risk public infuriate after paying £22134 in UK corporation tax final year despite making an £866000 profit.
The online taxi-hailing service was reportedly able to pay such a low sum as it legally transferred profits to its sister company in the Netherlands, where it would be liable for a lower rate of tax.
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Source: theguardian.com

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