{"id":6685,"date":"2022-08-14T23:39:25","date_gmt":"2022-08-14T21:39:25","guid":{"rendered":"https:\/\/costops.com\/index.php\/2022\/08\/14\/amazon-could-avoid-uk-tax-for-two-more-years-thanks-to-rishi-sunaks-tax-break\/"},"modified":"2022-08-14T23:39:25","modified_gmt":"2022-08-14T21:39:25","slug":"amazon-could-avoid-uk-tax-for-two-more-years-thanks-to-rishi-sunaks-tax-break","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/08\/14\/amazon-could-avoid-uk-tax-for-two-more-years-thanks-to-rishi-sunaks-tax-break\/","title":{"rendered":"Amazon could avoid UK tax for two more years thanks to Rishi Sunak\u2019s tax break"},"content":{"rendered":"<p>Firm increased business expenses in 2021 after former chancellor introduced 130% \u2018super-deduction\u2019 relief scheme<\/p>\n<p>Amazon could be off the hook for tax in the UK for at least two more years after benefiting from reliefs brought in by Rishi Sunak during the pandemic, a report suggests.<\/p>\n<p>The research from the Fair Tax Foundation indicates that the US tech company claimed more than \u00a3800m in capital allowances \u2013 business expenses that can be offset against profits \u2013 in 2021, \u00a3500m more than in 2020.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/aug\/15\/amazon-could-avoid-uk-tax-for-two-more-years-thanks-to-rishi-sunaks-tax-break\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/8443fc81bdb87cc36bf225a1d069c7b0cdb8fcf4\/0_58_4797_2876\/master\/4797.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=0cdd0d8614cf44c45b9134d7ce416a66\" title=\"Amazon could avoid UK tax for two more years thanks to Rishi Sunak\u2019s tax break\" \/>Firm increased business expenses in 2021 after former chancellor introduced 130% \u2018super-deduction\u2019 relief scheme<br \/>\nAmazon could be off the hook for tax in the UK for at least two more years after benefiting from reliefs brought in by Rishi Sunak during the pandemic, a report suggests.<br \/>\nThe research from the Fair Tax Foundation indicates that the US tech company claimed more than \u00a3800m in capital allowances \u2013 business expenses that can be offset against profits \u2013 in 2021, \u00a3500m more than in 2020. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Firm increased business expenses in 2021 after former chancellor introduced 130% \u2018super-deduction\u2019 relief scheme Amazon could be off the hook for tax in the UK for at least two more years after benefiting from reliefs brought in by Rishi Sunak during the pandemic, a report suggests. The research from the Fair Tax Foundation indicates that &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/08\/14\/amazon-could-avoid-uk-tax-for-two-more-years-thanks-to-rishi-sunaks-tax-break\/\"> <span class=\"screen-reader-text\">Amazon could avoid UK tax for two more years thanks to Rishi Sunak\u2019s tax break<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":6686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6685"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=6685"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/6686"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=6685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=6685"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=6685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}