Reply to post: Tax take versus turnover

Google UK coughs up £130m back taxes. Is it enough?

Imsimil Berati-Lahn

Tax take versus turnover

So, 20.4million corp tax implies around 52million profit which is around 1.3% of the quoted 3.8billion turnover. Turnover sufficient to keep f#ckloads of people employed, profit enough to keep the shareholders happy, tax enough to keep the exchequer on side. Don't know what the fuss is about. Yeah thanks for the £130mil bunce, it'll come in handy right about now. Don't do it again though, otherwise keep up the good work.

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