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Old 05-01-2020, 11:53 AM   #27
stumped
Wizard
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bear in mind also, that Amazon, like many multinationals are structured so that they make no, or very little profit in the Uk. no profit - no tax , so probably no VAT.
Plus, there's a reason why they shipped those CDs & DVDs to you from Amazon Jersey, and why so much stuff is booked via Amazon ( republic of ) Ireland.
They will have an army off accountants figuring out how to offset all the VAT from amazon sales with VAT paid on amazons own purchases - desks, chairs, toilet rolls. The only cost is the accountants payroll
e.g.
Amazon has revealed that its UK corporation tax bill almost halved to 4.5m last year, days after the US company posted a record profit of $2.5bn (1.9bn) in its most recent quarter
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