Apple’s UK Tax Bill Rises as Its Profits Surge Past £1bn

Apple’s UK tax bill rises as its profits surge past £1bn

American tech group pays £300m corporation tax in Britain

Apple UK tax bill surges as tech giant's profit soars past £1bn

Apple paid £303.7m in UK corporation tax during the 12 months to 28 September, 2024, according to new accounts filed with Companies House - up from £188.1m a year earlier

Apple's UK tax bill hits £300m as operating profits clear £1.2bn

Apple has revealed that it paid £304m in corporation tax in the UK for the year ended 28 September 2024, an increase of 62%, as its operating profits cleared £1.2bn for the first time. In accounts filed with Companies House, the technology giant revealed that its operating profit increased from £822m up to £1.2bn, while its revenues increased 35% to £4.7bn. Alongside this, Apple’s global quarterly sales topped $95.4bn (£70.2bn) for the period en…

Apple: UK tax bill surges as profit passes £1bn

The amount Apple paid into the Treasury’s coffers surged to more than £300m for its latest financial year as its profit jumped to over £1bn. The US giant paid £303.7m in UK corporation tax in the 12 months to 28 September, 2024, according to new accounts filed with Companies House. The figure is up significantly from the £188.1m it paid out in the prior year. The total was paid by the group’s three UK-based companies: Apple (UK), Apple Europe an…

Apple’s UK tax bill jumps to £304m as profits pass £1bn milestone - Retail Gazette

Apple’s corporation tax payment in the UK surged nearly 62% last year to £304m, as its operating profits topped £1.2bn for the first time. Accounts filed at Companies House show the American tech giant’s operating profits rose from £822m to £1.2bn for the year ended September 28, 2024, while revenues jumped 35% to £4.7bn. The growth came alongside the launch of Apple’s iPhone 16 range as the firm met criticism over its slower progress on artific…

Apple pays £304m in UK tax as profits soar past £1bn

Apple’s UK tax bill surged last year as the American tech giant’s operating profits in Britain soared past £1 billion, fuelled by rising sales and the continued expansion of its local operations. Newly filed accounts at Companies House show that Apple’s corporation tax contribution rose by nearly 62 per cent to £304 million for the year ending September 28, 2024, up from £188 million the previous year. This came as the company’s UK operating pro…