Sunday, 10 June 2012

Vodafone paid zero UK corporation tax last year - report - Daily Telegraph

Vodafone paid zero UK corporation tax last year - report - Daily Telegraph

The mobile phone operator's British corporation tax bill fell from £140m in the 12 months to March 31, 2011, to zero in the year just ended, according to the company's annual accounts - a year in which underlying earnings before interest and tax at its UK operation rose from £1.2bn to £1.3bn and adjusted pre-tax profits rose from £348m to £402m.



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