Twitter UK payed significantly more tax on their profits from 2018 to 2019, with the total bill amounting to 1.15 million British pounds. This comes despite the company's profits before tax decreasing from 2018 to 2019. 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 2019
(in 1,000 GBP)
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Companies House. (November 30, 2020). Twitter UK tax on profits in the United Kingdom (UK) from 2015 to 2019 (in 1,000 GBP) [Graph]. In Statista. Retrieved May 27, 2022, 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 2019 (in 1,000 GBP)." Chart. November 30, 2020. Statista. Accessed May 27, 2022. https://www.statista.com/statistics/1090169/twitter-uk-tax-on-profit/
Companies House. (2020). Twitter UK tax on profits in the United Kingdom (UK) from 2015 to 2019 (in 1,000 GBP). Statista. Statista Inc.. Accessed: May 27, 2022. 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 2019 (in 1,000 Gbp)." Statista, Statista Inc., 30 Nov 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 2019 (in 1,000 GBP) Statista, https://www.statista.com/statistics/1090169/twitter-uk-tax-on-profit/ (last visited May 27, 2022)