Google UK Paid £11.6 Million in Corporation Tax in 2012
EMarketer does meta-analysis, in that it tracks and aggregates market research performed by other firms. It said on Wednesday that around 31.3 percent of the UK population were regular users of tablets. That doesnt mean each one of those people own a tablet they could be sharing one owned by a family member, for instance. Subscribe to gigaom.com A year back, tablets only had 22.3 percent market penetration in the UK, and next year eMarketer reckons it will be 38.2 percent. Heres the age group breakdown for that country: Its interesting to see these analyses from time to time, in order to track how tablets are gradually taking over. For many of these users, a tablet will obviate the need for a PC, which is why the PC market is shrinking so fast. The research firms figures also give a handy insight into comparisons between different countries. The firms most recent figures for the U.S., for example, suggest 40.5 percent tablet penetration. This is notably higher than the UKs, although eMarketer projects both countries will hit around the same level of penetration (just south of 50 percent) in 2016. Compared with the rest of the top five EU markets (Germany, Spain, France and Italy), tablet penetration is highest in the UK the average across the top five is 24.4 percent, though it is projected to hit 37 percent in 2016. According to eMarketer, around 59 percent of British tablet users are using iPads, which compares with 54.4 percent in the U.S. The company reckons that Apples share of the tablet market will shrink over time in both territories, particularly thanks to the proliferation of cheaper alternatives. Related research and analysis from GigaOM Pro:
UAE, UK launch joint military exercise
Google has come under fire again for its UK tax arrangements after it was revealed that the firm paid 11.6 million in corporation tax on UK sales of 3.5 billion in 2012. Google’s numbers are a bit confusing. While the firm revealed that it earned pre-tax profits of 37 million on a turnover of 506 million, its annual report doesn’t quite match. Instead, the report shows that the UK accounted for 11 percent of Google’s global revenues of $55 billion in 2012. The company’s accounts show that the firm paid a tax rate of 2.6 percent on non-U.S. income in 2012, because it designates its UK operation as primarily marketing with its Irish operation taking most of the profits, with these profits being channelled to a subsidiary in Bermuda. Richard Murphy of Tax Research UK said in a statement that by accounting for its operations in the UK that way Google might have reduced its tax bill by around 150 million last year. Google has been quick to defend its UK tax arrangements, saying that it works the same way as other multinational companies and follows tax rules. “Like most multinationals we pay the bulk of our 1.2 billion corporate tax bill where our business originated, in our case the U.S. That’s a rate of more than 19 percent, roughly what a UK based company must pay,” a Google spokesman said in a statement. “We are also a significant contributor to the UK economy, having created over 2,000 jobs.” This isn’t the first time Google that has come under scrutiny regarding the amount of tax it pays in the UK. In August last year it came under fire for paying just 6 million in tax on revenues of 3.95bn. As pointed out by Sky , “The Public Accounts Committee called for an HMRC investigation amid evidence from apparent whistleblowers while a Reuters investigation alleged that Google’s UK staff were responsible for sales rather than marketing as the company has always insisted.” This article was originally published on the Inquirer .
Abu Dhabi: The UAE Navy and UK Royal Navy Task Group on Monday launched joint military exercises across the UAE to safeguard maritime security, economic prosperity, and freedom of navigation in the region, a top UK commander said. The war games codenamed Sea Khanjar, which will last until October 9, will see the UK Response Force Task Group deploys a range of the Royal Navys capabilities, said Commodore Paddy McAlpine, Commander UK Task Group, which forms part of the Royal Navys Response Force Task Group (RFTG). RFTG is the UKs high readiness maritime force, comprising ships, submarines, aircraft and a landing force of Royal Marines, ready at short notice to act in response to any contingency tasking as required by our government. Commodore McAlpine said he was proud to be commanding the Task Group in this years Cougar deployment. This demonstrates the Royal Navy and UKs enduring commitment to the security of the UAE and is an excellent opportunity to build on our strong defence relationship. The Response Force Task Group was formed in 2011 and is based around a Lead Commando Group and provides the UK with a deployable, very high readiness, flexible capability. In order that this capability can be fully maintained for UK contribution to international defence and security, the task group deploys annually, conducting a series of exercises, to something we call Cougar, Commodore McAlpine said. He added this years Cougar deployment has already operated in the Mediterranean and Red Sea, before arriving in the Gulf. Cougar 13 involves exercising with Gulf partner nations in order that together we can safeguard our shared interests of maritime security and economic prosperity, and effectively cooperate on issues such as freedom of navigation in the region. While in the Gulf my Task Group will exercise its capability and continue to strengthen relationships with key partners in the region. The Task Group is not the only Royal Navy presence in the Gulf region. RFTG has ships permanently in the Gulf region, building on our persistent presence engaged with our partners on matters of defence and security. Commodore McAlpine said the Response Force Task Group will be exercising across the UAE. We will be active offshore, and on land. This gives the Royal Navy an excellent opportunity to test the full extent of our ability to undertake force protection measures, air defence exercises and also for the Royal Marines to be able to exercise their amphibious capabilities. He said the exercise will be jointly commanded by the UK and UAE military and will be conducted offshore and on land. This gives the UK and UAE an excellent opportunity to test the full extent of our collective ability to undertake force protection measures, air defence exercises and also for the Royal Marines and UAE Presidential Guard to exercise their amphibious capabilities. It demonstrates the high priority the UK places on its defence and security relationship with the UAE.