APPLE has become the latest technology company to be accused of avoiding paying tax on UK earnings.
The company is reported to have paid just £10m in UK corporation tax in the last financial year despite earning around £6bn during the same period.
Documents show that Apple’s three main UK subsidiaries paid £10.3m in corporation tax in the year to September 25 2010.
Apple joins Amazon and Google in being accused of avoiding UK tax.
Amazon is being investigated by HM Revenue & Customs (HMRC) for possible tax avoidance.
Amazon generated sales of around £7.6bn in the UK, but paid no corporation tax on the profit from that revenue line.
Apple was unavailable for comment.
At HMRC, Dmitri Surendran was responsible for leading the London team of the offshore, corporate and wealthy unit of the fraud investigation service
Research also finds that 84% of businesses believe that the government has not provided enough information about digital tax plans
A total of £16bn was lost through tax fraud last year, according to estimates released by Pinsent Masons
Additional tax a result of compliance investigations by HMRC, but overall revenue falls