Nick Smith MP has called for the Government to get a grip after Amazon’s latest tax arrangements were revealed.
Online retail giant Amazon has fuelled further anger over its tax bill as it emerged the group’s UK business paid just £11.9 million in tax last year, despite the group taking £5.3 billion in sales from British shoppers.
Labour MP Nick Smith, a member of the Public Accounts Committee during the last parliament when it investigated tax avoidance, said the Government must crackdown on the problem.
He said: “It’s just not good enough. George Osborne needs to pull his socks up and get to grips with this.
“Amazon has to pay its fair share. Of course it’s complicated but Osborne needs to get his best Treasury geeks to do a job of work on Amazon.
“This issue isn’t going away. MPs of all parties want global companies to be doing the right thing.
“Their clever lawyers and accountants are playing dodgeball.”
For the full story, click HERE