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Starbucks UK Receives Tax Credit Despite Increased Sales

Primul articol: 10 apr. 2026, 18:23 | Ultima actualizare: 10 apr. 2026, 18:23 | 1 sursa | 1 articol
#starbucks#taxes#uk#economy

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Starbucks's UK retail division has been granted a £13.7 million tax credit even as its sales figures have risen. Simultaneously, the company's annual losses in the UK have increased to £41.3 million. This seemingly contradictory situation has drawn scrutiny from financial analysts and the public, prompting discussions about the complexities of corporate taxation and the factors influencing Starbucks's financial performance in the UK market.

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Starbucks’s retail arm gets £13.7m tax credit even as sales increase Foto: The Guardian
The Guardian English Sarah Butler 10 apr. 2026, 18:23 (acum 3 ore)

Starbucks’s retail arm gets £13.7m tax credit even as sales increase

Credit can be used to offset future bills as full-year losses at UK division widen to £41.3m and it adds 92 storesStarbucks’s UK retail arm received a £13.7m corporation tax credit last year, even as its sales increased 6% and it added more than 90 stores.The credit, which can be used to offset future tax bills, comes after losses widened to £41.3m in the 12 months to the end of September – almost matching the £40m it paid in royalty and licence fees to its parent company. Continue reading...

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