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Old 05-01-2020, 12:21 PM   #30
pdurrant
The Grand Mouse 高貴的老鼠
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Posts: 64,288
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Join Date: Jul 2007
Location: Norfolk, England
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Quote:
Originally Posted by stumped View Post
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.
This is just wrong. VAT bill due from amy business is precisely the difference between the amount of VAT collected from sales, and the amount of VAT paid out in purchases. It has nothing to do with corporation tax, which is a tax on profits.
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