iLoungeiLounge
  • News
    • Apple
      • AirPods Pro
      • AirPlay
      • Apps
        • Apple Music
      • iCloud
      • iTunes
      • HealthKit
      • HomeKit
      • HomePod
      • iOS 13
      • Apple Pay
      • Apple TV
      • Siri
    • Rumors
    • Humor
    • Technology
      • CES
    • Daily Deals
    • Articles
    • Web Stories
  • iPhone
    • iPhone Accessories
  • iPad
  • iPod
    • iPod Accessories
  • Apple Watch
    • Apple Watch Accessories
  • Mac
    • MacBook Air
    • MacBook Pro
  • Reviews
    • App Reviews
  • How-to
    • Ask iLounge
Font ResizerAa
iLoungeiLounge
Font ResizerAa
Search
  • News
    • Apple
    • Rumors
    • Humor
    • Technology
    • Daily Deals
    • Articles
    • Web Stories
  • iPhone
    • iPhone Accessories
  • iPad
  • iPod
    • iPod Accessories
  • Apple Watch
    • Apple Watch Accessories
  • Mac
    • MacBook Air
    • MacBook Pro
  • Reviews
    • App Reviews
  • How-to
    • Ask iLounge
Follow US

News › Apple

Apple

Apple’s UK tax bill under scrutiny

Last updated: May 14, 2021 3:17 pm UTC
By Dan Pye
Apple’s UK tax bill under scrutiny

Apple’s UK corporation tax last year amounted to £12.9 million, but with £12.9 billion in profits in the last three months of 2015 alone, the Daily Mail is questioning whether the company is paying its fair share. Apple’s tax bill for 2015 was actually up from £11.8 million the previous year, but with the company still under EU investigation for routing its European profits through Ireland, suspicion that Apple is cooking the books is rampant.
Based on filings showing that Apple amassed £37.5 billion in profits worldwide in the 12 months leading up to September 2015, accountants estimated that UK sales accounted for around £2 billion.

Apple’s UK tax bill under scrutiny

That number puts the estimated UK tax bill at around £400 million, but Apple only paid £11.8 million. The difference likely stems from Apple’s ability to reroute its profits through Ireland, where it has negotiated a much lower tax rate than the British corporate rate of 20 percent.

Apple has routinely denied receiving unfair tax breaks. A spokeswoman for Apple said, “We pay all that we owe according to the law,” but with the U.K.

Advertisements

Latest News
The 13-inch M4 MacBook Air 256GB is $150 Off
The 13-inch M4 MacBook Air 256GB is $150 Off
1 Min Read
New Dynamic Island to Have ‘Significant’ Upgrades
New Dynamic Island to Have ‘Significant’ Upgrades
1 Min Read
Samsung Might Not Include a ‘Plus’ Phone Model Next Year
Samsung Might Not Include a ‘Plus’ Phone Model Next Year
1 Min Read
The 128GB iPad Mini 7 Wi-Fi is $120 Off
The 128GB iPad Mini 7 Wi-Fi is $120 Off
1 Min Read
New Apple TV+ ‘Chief of War’ Trailer Released
New Apple TV+ ‘Chief of War’ Trailer Released
1 Min Read
New ‘Improved’ Vision Pro to Launch This Year
New ‘Improved’ Vision Pro to Launch This Year
1 Min Read
‘The Morning Show’ Season 4 Premieres on September
‘The Morning Show’ Season 4 Premieres on September
1 Min Read
The AirPods Pro 2 is $100 Off
The AirPods Pro 2 is $100 Off
1 Min Read
OLED MacBook Pro to be Delayed
OLED MacBook Pro to be Delayed
1 Min Read
‘Trash Can’ Mac Pro Moves to the Apple Vintage List
‘Trash Can’ Mac Pro Moves to the Apple Vintage List
1 Min Read
Next Apple Studio Display Slated for 2026
Next Apple Studio Display Slated for 2026
1 Min Read
The 11-inch M3 iPad Air WiFi 128GB is $120 Off
The 11-inch M3 iPad Air WiFi 128GB is $120 Off
1 Min Read

iLounge logo

iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond. iPod, iPhone, iPad, iTunes, Apple TV, and the Apple logo are trademarks of Apple Inc.

This website is not affiliated with Apple Inc.
iLounge © 2001 - 2025. All Rights Reserved.
  • Contact Us
  • Submit News
  • About Us
  • Forums
  • Privacy Policy
  • Terms Of Use
Welcome Back!

Sign in to your account

Lost your password?