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Added on the 12/10/2015 17:41:32 - Copyright : Reuters EN
Facebook said its main UK subsidiary generated an 11-million-pound tax credit in 2015 even as revenues soared, thanks to its tax efficient structure, accounts published on the weekend showed. Sarah Charlton reports.
Facebook could pay millions of pounds more in UK taxes after changing its tax structure in the country. But, as Sara Hemrajani reports, the pressure is still on Britain's tax authorities to take a tougher line on multinationals.
Google executives have been grilled by British lawmakers about the amount of tax they paid in the country. It follows a public outcry over corporate tax regulations which some say are unfair. Hayley Platt reports.
A British parliamentary committee will ask Google to testify about a back tax deal under which it will pay 130 million pounds ($185 million) to settle claims covering a 10-year period. The news comes as anger grows over the amount the opposition Labour party has described as derisory. Sara Hemrajani reports.
UK Prime Minister Rishi Sunak's government wins the backing of the elected House of Commons for his controversial plan to send migrants to Rwanda. The government fended off right-wing Conservative rebels to win the final vote on the legislation in the parliament's lower chamber by 320 votes to 276. SOUNDBITE
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