Cadbury’s hasn’t paid UK tax for years

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© Rept0n1x / Wikimedia

AMERICAN owned chocolate manufacturer Cadbury is facing anger after it was revealed that it is not paying any UK corporate taxes, despite the company making a profit of £96.5 million (€134.6 million).  

Mondelez, the owner of Cadbury, is facing controversy over its tax arrangements in the UK, although they are perfectly legal, based on a method of offsetting load interest against profits made elsewhere in the company.

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Cadbury were founded almost 200 years ago by the Cadbury family.  Their first shop opened in Birmingham in 1824.  The family were Quakers, and had a proud history of being philanthropists.  The company became part of Mondelez in 2009 after a £11.5 billion (€16 billion) takeover.

Mondelez is one of many overseas corporations who are legally allowed to avoid paying corporation tax in the UK.





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