Monday, June 11, 2012

VADAFONE PAY NO UK TAXES


It was reported by the Sunday Times over the weekend that Vodafone have avoided paying any corporation tax in the UK for 2011. Despite having a massive presence in the UK with a large customer base, they avoided paying tax by using off shore companies mainly in Luxemburg. Vodafone only made profits of 402M up 16% on the previous year and in 2010 its tax bill was 140 M
In 2011 Vodafone Tax bill -  Nil, zero, nothing.
Those profits came from individuals and companies, most if not all, will pay UK taxes. I think it’s time Vodafone customers in the UK send this company a message by signing off and joining a network that does contribute in the UK and pays UK Tax.

George Crane

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