Twitter UK payed significantly less tax on their profits from 2017 to 2018, with the total bill amounting to 41,000 British pounds. This comes despite the company's profits before tax increasing significantly from 2017 to 2018. The bulk of Twitter UK's turnover can be attributed to the sale of advertising services to advertisers within the UK, as well as through providing design, development and support services to a group company.
Twitter UK tax on profits in the United Kingdom (UK) from 2015 to 2018
(in 1,000 GBP)
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Statistics on "Twitter in the United Kingdom (UK)"
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Companies House. (September 12, 2019). Twitter UK tax on profits in the United Kingdom (UK) from 2015 to 2018 (in 1,000 GBP) [Graph]. In Statista. Retrieved February 18, 2020, from https://www.statista.com/statistics/1090169/twitter-uk-tax-on-profit/
Companies House. "Twitter UK tax on profits in the United Kingdom (UK) from 2015 to 2018 (in 1,000 GBP)." Chart. September 12, 2019. Statista. Accessed February 18, 2020. https://www.statista.com/statistics/1090169/twitter-uk-tax-on-profit/
Companies House. (2019). Twitter UK tax on profits in the United Kingdom (UK) from 2015 to 2018 (in 1,000 GBP). Statista. Statista Inc.. Accessed: February 18, 2020. https://www.statista.com/statistics/1090169/twitter-uk-tax-on-profit/
Companies House. "Twitter Uk Tax on Profits in The United Kingdom (Uk) from 2015 to 2018 (in 1,000 Gbp)." Statista, Statista Inc., 12 Sep 2019, https://www.statista.com/statistics/1090169/twitter-uk-tax-on-profit/
Companies House, Twitter UK tax on profits in the United Kingdom (UK) from 2015 to 2018 (in 1,000 GBP) Statista, https://www.statista.com/statistics/1090169/twitter-uk-tax-on-profit/ (last visited February 18, 2020)
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