Amazon UK tax bill soars to over £1.3 billion amid rising costs
Amazon UK has reported a tax bill exceeding £1.3 billion, marking a significant increase from the previous year. This rise is attributed to higher labor and business costs, including a national insurance rate hike. Despite being one of the largest employers in the UK, Amazon has also faced layoffs recently.
- ▪Amazon's tax bill increased by at least 20 percent from over £1 billion in the previous year.
- ▪The surge in tax contributions is linked to rising labor costs and changes in national insurance and corporation tax.
- ▪Amazon employs around 75,000 people in the UK but has announced plans for significant job cuts.
Opening excerpt (first ~120 words) tap to expand
NewsBusinessAmazon UK tax bill soars to over £1.3 billion amid rising costsThe company did not pay any corporation tax in 2021 and 2022 because of the ‘super-deduction’ tax breakAnna Wise Wednesday 27 May 2026 09:00 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"b2984178","articleMeta":{"url":"https://www.independent.co.uk/news/business/amazon-uk-tax-prime-national-insurance-b2984178.html","title":"Amazon UK tax bill soars to over £1.3 billion amid rising costs"}}Amazon Alexa+ is finally coming to the UKYour support helps us to tell the storyRead moreSupport…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Independent.
Discussion
0 commentsMore from The Independent
