Amazon could be off the hook for tax in the UK for at least two more years after benefiting from reliefs brought in byThe research from the Fair Tax Foundation indicates that the US tech company claimed more than £800m in capital allowances – business expenses that can be offset against profits – in 2021, £500m more than in 2020.for businesses that invest in infrastructure, which was introduced by the current prime ministerial candidate Sunak when he was chancellor last year.
If the company spends a similar amount on equipment for its warehouses this year, that number will rise again, so that Amazon would have to make profits of more than £600m in the UK before it paid corporation tax this year or next.
. Enabled by a framework of health science and digital health data science that does not measure if humans have access to clean water, affordable healthy meals, healthy work environments, or affordable healthy housing. .
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