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Eight tech companies in the UK avoided an estimated £1.5bn in 2019 – New Research

Eight tech companies in the UK avoided an estimated £1.5bn in 2019 – New Research

by Alex Dunnagan | Jun 2, 2021

£45.4bn in revenues £9.6bn in profits £296m in tax paid £1.5bn in tax avoided Eight large tech companies in the UK made an estimated £9.6bn in profit from sales to UK customers in 2019, a new analysis by TaxWatch shows. ​But by moving money out of the UK, these...
Eight tech companies in the UK avoided an estimated £1.5bn in 2019 – New Research

Eight tech companies in the UK avoided an estimated £1.5bn in 2019

by Alex Dunnagan | Jun 2, 2021

2nd June 2021 Introduction and Summary The UK market is an extremely important market for US based technology companies. These well known companies realise substantial sales in the UK and as such are some of the most significant economic operators in our country. For...

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