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    Apple paid only £10m tax on £6bn UK earnings

    Apple paid only £10m tax on £6bn UK earnings

    Documents show that Apple's three main UK subsidiaries paid £10.3m in corporation tax in the year to September 25 2010

    Author Writer Date published April 10, 2012 Categories

    APPLE has become the latest technology company to be accused of avoiding paying tax on UK earnings.

    The company is reported to have paid just £10m in UK corporation tax in the last financial year despite earning around £6bn during the same period.

    Documents show that Apple’s three main UK subsidiaries paid £10.3m in corporation tax in the year to September 25 2010.

    Apple joins Amazon and Google in being accused of avoiding UK tax.

    Amazon is being investigated by HM Revenue & Customs (HMRC) for possible tax avoidance.

    Amazon generated sales of around £7.6bn in the UK, but paid no corporation tax on the profit from that revenue line.

    Apple was unavailable for comment.

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