2024-11-25 16:49:53 +0000
To: Rachel Reeves, Chancellor of the Exchequer
Stop tax breaks for Amazon and other huge corporations
Close tax loopholes and stop handing out subsidies to tech giants that don't need them.
Why is this important?
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Amazon's main UK division paid no corporation tax in the UK in recent years after benefiting from tax breaks – during a cost of living crisis when that money could fund vital public services like our NHS.
Amazon's main UK division paid no corporation tax in the UK in recent years after benefiting from tax breaks – during a cost of living crisis when that money could fund vital public services like our NHS.
The scale of this is huge – in 2022, Amazon UK Services made a £222 million profit. Yet it paid no corporation tax in the UK in that year.
In fact the government gave them £7.7m in tax credits that were introduced for two years for making investments in infrastructure, which they likely would have made anyway. The previous Government then brought in permanent tax credits for these investments.
Now that we have a new Government, we have an opportunity to crack down on this avoidance. If thousands of us sign this petition directed at Rachel Reeves, Chancellor of the Exchequer, we can ensure that tax loopholes are closed so more money can be raised for our public services and families struggling with the cost of living crisis.
Large multinational companies making huge profits must pay their fair share of tax, and it's the Government's job to make them.
Make them pay this Black Friday
29th November is Black Friday when Amazon will make billions of pounds selling products.
Just ahead of Black Friday we will hand in our petition to the Chancellor. Take action now and sign the petition before we hand it into Downing Street.
We can’t stop now. Help us Make Amazon Pay by signing now!
