Bira calls for level playing field as Amazon UK Services pays zero corporation tax again
Posted on in Business News
Bira, the British Independent Retailers Association, has expressed its concern and frustration after it was revealed that Amazon UK Services had, for the second consecutive year, paid zero corporation tax in the UK.
This news has once again raised questions about the fairness of the tax system and the advantage it provides to large international corporations compared to small independent retailers.
Andrew Goodacre, CEO of Bira, said:
“It is disheartening to see yet another large international company, making millions of pounds in revenue, avoiding paying tax in the UK. These companies have access to tax experts and can exploit significant tax credits, which places them in a distinct advantage over the small independent retail sector. This glaring example further strengthens Bira’s resolve to advocate for a fairer tax system, ensuring that the tax burden for UK PLC is distributed more equitably among these large corporations.”
The revelation that Amazon UK Services has avoided paying corporation tax for two consecutive years highlights a growing concern among small independent retailers who face the challenges of high taxes and increasing competition from online giants.
Bira believes that a level playing field is essential for the survival and growth of independent retailers, who contribute significantly to the local economy and provide unique products and services to communities across the UK.
Bira continues to lobby for reforms that address the disparity between the tax obligations of large corporations and those of small independent businesses. The association aims to ensure that the tax system fosters fairness and supports the growth of the UK retail sector as a whole.
“We call on the government to review and reform the tax regulations to create a more balanced playing field for all businesses. It is imperative that we address the issue of tax avoidance by large corporations and strive for a system that encourages fair competition and supports the growth of independent retailers,” added Mr Goodacre.
Bira remains committed to representing the interests of independent retailers across the country and will continue to advocate for changes that promote fairness, sustainability, and a thriving retail landscape.