Facebook only pay corporate tax of £4.327 in the UK

Facebook profits throughout 2014 to reach US$2.9 billion, or nearly double that of 2013. (AFP)

Social media giant Facebook is only paying £4,327 for corporate tax in 2014, as revealed in their latest results for the United Kingdom.

It means that the corporate tax paid up in England less than the average tax paid by an employee of the UK based on his salary.


The average salary in the UK is £26,500 per year, which meant paying £5,329.80 for income tax and national insurance contributions.

By stuffing to Companies House - registration of companies - look that up years ago suffered a loss before tax of £28.5 million.

But at the same time the company also paid bonus shares to 362 employees in the UK with a value of £ 35.4 million.

Bonus shares was an average of £96,000 for one employee up in the UK.

Facebook delivers one of its founders, Mark Zuckerberg, became one of the world's richest. (Reuters)

As a global basis, in January 2015 Facebook reported a profit in the fourth quarter 2014 amounted to US$701 (£462 million), which is an increase from the same period last year.

While profits throughout 2014 to reach US $ 2.9 billion, or nearly double that of 2013.

A Facebook spokesman asserted, "We all comply with UK tax law and fact in all countries where we operate and have an office."

Disclosure of tax payments the company Facebook has sparked the debate over how much the company pays corporation tax in the UK, in the midst of an investigation by the European Union related to the global corporate tax arrangements.

Google, Amazon, Starbucks, and a division of Fiat is under investigation the European Commission.

The investigation was taken after Starbucks only paid £ 8.6 million in business taxes in the UK for 14 years, from 1998 to 2012, despite record profits of more than £ 3 billion in the UK in the same period. (bbc)