Amazon paid just £4.2million in corporation tax last year despite record UK sales of £4.3billion – meaning it paid a nominal rate of just 0.1 per cent.Amazon are being sensible here and following the rules, they are not really worried about a boycott that the idiot hodge is proposing because unlike Starbucks they don't cater to a small elite of customers. What Hodge is suggesting is that Amazon should hand its cash over and above what it legally owes to the government for the government to spend on what the government wants which is pretty much a byword for waste and inefficiency. Nor will changing the law on taxation work, the way Amazon do it is within EU rules, not UK ones and unless we leave the EU... but few politicians are suggesting that (mores the pity)
Margaret Hodge, Labour chairman of the Commons Public Accounts Committee branded the figures an ‘outrage’, and called on shoppers to boycott the firm.
She said: ‘Amazon should pay their fair share of tax. I no longer shop at Amazon, people should shop elsewhere.’
Mrs Hodge recalled a boycott of Starbucks two years ago, after it emerged the company paid just £8.6million in corporation tax in 14 years of trading in Britain.
The action prompted the coffee chain to offer to pay the taxman £20million over two years – a move that has not yet been repeated by Amazon.
But Mrs Hodge suggested the firm could be pushed into reviewing its tax bill, saying: ‘What we demonstrated with Starbucks is the power of the consumer voice.’
To my mind Amazon have a moral obligation (as do the rest of us) to minimise every penny we give to the government, they do not have a moral obligation to give them a penny more than absolutely necessary nor does bitching about it in the MSM make a difference to my mind. Yes they only pay 0.1% tax, I wish I could, but I'm not jealous or greedy, that's simply good business on their part and they are following the rules, rules that the government and the previous government of which Hodge was a part of agreed too.
Hodge should also consider the problem to the workers Amazon does employ in the UK if a boycott begins and Amazon goes under...