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Netflix paid £3.2m in tax on £940m of UK subscription revenue

2019 figures come as firm will this year start declaring such revenues to UK tax authoritiesNetflix paid £3.2m in UK corporation tax in 2019, despite

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2019 figures come as firm will this year start declaring such revenues to UK tax authorities

Netflix paid £3.2m in UK corporation tax in 2019, despite making an estimated £940m from British subscribers who have joined the binge-watching streaming revolution.

Netflix UK, which enjoyed its best year in 2020 as pandemic lockdown conditions drove global subscribers past 200m, reported revenues of £120m and pre-tax profits of £13m in 2019 across the three businesses the US company has registered at Companies House.

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