Facebook's UK tax bill rises to £15.8m – but it is still just 1% of sales

Photo of Facebook's UK tax bill rises to £15.8m – but it is still just 1% of sales
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Margaret Hodge MP says it is ‘outrageous’ how little tax the company pays in Britain

Facebook paid £15.8m in tax in the UK last year after making a profit of £62.7m on record British sales of £1.27bn.

The social media giant’s accounts show that while Facebook increased its UK income by more than 50% in 2017, its pre-tax profits remained similar to 2016.

view The Guardian: World News
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