Facebook ‘compliant’ despite paying £5,000 in UK tax

Facebook has said it is complying with the law, despite paying less than £5,000 (€6,750) in UK corporation tax last year.

The social media giant’s UK arm paid just £4,327 in company taxes, according to its latest published accounts.

A single UK worker, on an average salary of £26,500 (€35,775), would pay £3,180 in income tax and £2,213 in national insurance contributions, which is more than Facebook’s payment.