Birdwatch Note Rating
2025-01-13 19:15:18 UTC - HELPFUL
Rated by Participant: 134538534E512C39A74EC76C370EEA533C0D083313BB2ED7CA9F14CB42132E67
Participant Details
Original Note:
Corporation tax is only paid on profits, Morrisons paid no corporation tax last year because it made a loss. Despite this it still paid over £1 billion in other taxes. It also paid large sums in UK corporation tax in previous years when it was profitable. https://www.foodmanufacture.co.uk/Article/2024/03/13/Morrisons-reports-1.1bn-pre-tax-loss/ https://www.morrisons-corporate.com/globalassets/market-topco-tax-strategy-v1.11-october-2024.pdf https://www.retailgazette.co.uk/blog/2023/07/asda-morrisons-tax/
All Note Details