Menu
Google 'tax dodge' petition launched

Google 'tax dodge' petition launched

Uproar as internet giant pays just 1.5% tax on UK revenue

A petition has been launched to try and get Google to 'pay its fair share' of tax following the recent revelation that the search giant paid just £6 million, or 1.5 percent, of tax on turnover of £395 million last year.

The petition set up by campaigning group 38 Degrees has attracted more than 44,000 signatures since Thursday (9 August).

"Dear Google. It's time for Google to pay its fair share of tax. There's nothing responsible about only paying £6 million in UK tax on hundreds of millions of pounds of revenue.

"Please do the right thing," the petition states.

However, Google has said that it complies "with all the tax rules in the UK".

Google has based its international operations in the Irish Republic, where the corporation tax rate is 12.5 percent, compared to the main rate of corporation tax in the UK of 24 percent.

It also channels money via another subsidiary registered in the tax haven of Bermuda, as another way of legally avoiding paying tax.

However, a member of the Treasury Select Committee believes that Google could be called in to explain its tax practices to MPs.

"It is entirely immoral, this is a company avoiding its obligations and we are letting them get away with doing it," John Mann told the Independent.

"I think it would be highly appropriate to pull a Google executive in front of the committee to justify their failure to pay proper taxes. We would be looking at covering the issue in this parliamentary session, so before Easter, realistically.

He added: "Whether it is illegal or immoral, the British tax payer loses out. Google is one of the big ones, but there are others."Google reported overall losses of £24.1 million in the UK, where it set aside a £51.4 million charge for share awards to its employees.

It was revealed last year that Google's UK practice had paid just £935,000, or 0.4 percent, of tax on revenues of £239 million.

In the six years leading up to the end of 2010, Google paid a total of £8 million of corporation tax in the UK.

Eric Schmidt, Google's executive chairman, has previously said: "We could pay more tax, but we would have to do so voluntarily."


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

This year’s Reseller News 30 Under 30 Tech Awards were held as an integral part of the first entirely virtual Emerging Leaders​ forum, an annual event dedicated to identifying, educating and showcasing the New Zealand technology market’s rising stars. The 30 Under 30 Tech Awards 2020 recognised the outstanding achievements and business excellence of 30 talented individuals​, across both young leaders and those just starting out. In this slideshow, Reseller News honours this year's winners and captures their thoughts about how their ideas of leadership have changed over time.​

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners
Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

This exclusive Reseller News Exchange event in Auckland explored the challenges facing the partner community on the cloud security frontier, as well as market trends, customer priorities and how the channel can capitalise on the opportunities available. In association with Arrow, Bitdefender, Exclusive Networks, Fortinet and Palo Alto Networks. Photos by Gino Demeer.

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security
Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomed 2019 inductees - Leanne Buer, Ross Jenkins and Terry Dunn - to the fourth running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing face of the IT channel ecosystem in New Zealand and what it means to be a Reseller News Hall of Fame inductee. Photos by Gino Demeer.

Reseller News welcomes industry figures at 2020 Hall of Fame lunch
Show Comments