Facebook to pay millions of pounds more in UK tax
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Facebook to pay millions of pounds more in UK tax

Facebook is set to pay millions of pounds more in tax in the UK after a major overhaul of its tax structure.

Facebook advertise revenue will no longer route sales through Ireland for its largest advertisers, initiated in Britain will now be taxed in the UK.

Facebook paid £4,327 in corporation tax in the UK in 2014, despite Britain being one of the company's biggest markets outside the US.

At this stage, it is not possible to say precisely how much tax Facebook will pay, Google has also faced  this tax affairs issues.