Amazon UK Services sales soar but corporation tax payments halve

Amazon UK Services sales soar but corporation tax payments halve

Turnover at Amazon's UK Services arm soared past £1bn for the first time in 2016, accounts filed on Companies House have revealed. However, its corporation tax payments halved to £7.4m after investment in its warehouses and distribution sent operating profit tumbling by over 50%.

The company racked up overall sales in the UK of $9.5bn (£7.3bn), up 5.6% year-on-year for the year to 31st December 2016, according to accounts filed in the US.

However, turnover of its Amazon UK Services arm, which relates to the company’s fulfilment operation and distribution centres in Britain, soared 55% wit...

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