Birdwatch Note Rating
2025-01-13 10:56:20 UTC - HELPFUL
Rated by Participant: 6DA87AE9903AA340719878BA7C622C62F6377FD5BCA43E6D2312E37B735E55E4
Participant Details
Original Note:
Morrisons does pay UK Corporation Tax, but only when it makes a sufficient overall profit after all deductions. It has not done so in the most recent year reported. Page 67-69 of the most recent annual report shows the audited accounting calculations of tax liability: https://www.morrisons-corporate.com/globalassets/corporatesite/investor-centre/financialreports/documents/2022-23/wmsl-updated-30.01.2024-4.pdf
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