Facebook’s 'tax bill'


Social network giant Facebook paid just £4,327 in corporation tax in 2014, its latest UK results show.


Facebook UK’s accounts filed at Companies House show the firm made a pre-tax loss of £28.48 million last year. In 2013, its pre-tax losses were £11.65 million on which it had a tax credit of over £182,000.


A spokesperson for Facebook said: “We are compliant with UK tax law." However, John Christensen, director of campaign group the Tax Justice Network, said: “It’s very likely they’re using all the usual techniques to shift profits around.”


https://beta.companieshouse.gov.uk/company/06331310/filing-history