Online retail giant had sought extension to list of exemptions to building restrictions so fulfilment centres, like its reported Baldonnell warehouse, could be progressed
Subscription Notification
We have noticed that there is an issue with your subscription billing details. Please update your billing details here
Please update your billing information
The subscription details associated with this account need to be updated. Please update your billing details here to continue enjoying your subscription.
Your subscription will end shortly
Please update your billing details here to continue enjoying your access to the most informative and considered journalism in the UK.
The paltry amount Amazon pays in corporation tax could be wiped out by Rishi Sunak’s new ‘super deduction’, campaigners said yesterday.
Amazon’s British sales soared 51 per cent to £19.4billion last year. Its warehousing arm, Amazon UK Services, paid £6.3million in tax in 2019 despite raking in £3billion in sales.
But campaigners say the firm could eliminate its tax liability altogether.
The super deduction lets firms slash tax bills by 25p for every £1 spent on new equipment. George Turner, of the campaign group TaxWatch, said it would be lucrative for firms such as Amazon whose sales surged in the pandemic.
Amazon could be main winner of Rishi Sunak s investment tax break msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.