Starbucks pays £5m in tax

24 June, 2013

Starbucks, the global coffee chain, has paid £5m in corporation tax in the UK, it was revealed at the weekend.

It is the company’s first such tax payment since 2009 and a spokeswoman said it had listened to its customers and would pay another £5m later this year.

The move follows pressure from politicians and campaigners after it was revealed that Starbucks has only reported taxable profit once in 15 years in the UK.

Starbucks said: “We listened to our customers in December and so decided to forgo certain deductions, which would make us liable to pay £10m in corporation tax this year and a further £10m in 2014.”

Read our special report on Starbucks here: http://www.bakeryinfo.co.uk/news/fullstory.php/aid/11163/Starbucks:_the_reputation_conundrum.html





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