PayPal caught up in technology tax crackdown

PayPal is among the first global tech giants to come under the hammer of HM Revenue & Customs’ (HMRC) new tech tax policy after it agreed to pay an extra £2.7 million in tax.

The California-based organisation’s filings show that its UK tax bill increased to £4.13 million in 2017, up from £159,000 the year previous. Read more