By George Day • Published: 07 Apr 2020 • 17:03
CREDIT: Wallpaperflare
Google have been criticised for paying just £44 million in corporation tax in the UK last year, despite paying out £1 billion in salary and bonuses to staff.
THE payment is down on the £66 million paid in 2018, due to profits falling following the hiring of 800 workers.
But the tech giant still made £1.6 billion in sales in the UK and has rewarded its 4,439 staff generously.
The wage bill was up a quarter in the past year according to the accounts, with £441 million worth of shares handed out in bonuses.
Dame Margaret Hodge, who is the former chair of the Public Accounts Committee, which scrutinises government spending, told MailOnline: “It’s a joke and shows that they are not paying a fair rate.
“It’s less than it was the year before and it’s insulting when other businesses are struggling.
“In the post Covid-19 era world the government really must stamp out this abuse of our tax system.”
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our Privacy Policy for more information about our privacy practices.
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our Privacy Policy for more information about our privacy practices.
Download our media pack in either English or Spanish.