Facebook paid £4.2 million in corporate tax for 2015, 1,000 times more than the previous year

Public anger over tax avoidance seems looming on the horizon for Facebook. It had been inviting criticism from campaigners for its tax payments in the country.

According to accounts published by the social networking site on Sunday, it paid £4.2 million in corporate tax for 2015, making the figure nearly 1,000 times more than the £4,327 it paid the previous year. The twist in the tale appeared when Facebook reported a tax credit for the year, amounting to £11.3 million. Although this...

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