Matthew Freud and his tax bill

Matthew went on the offensive though (rightly) as he called on the government to act so that British businesses which follow UK tax rules are not “disadvantaged”.

“We are proud to be a growing UK creative business,” said Freud. “Our success means that we paid £3m in tax last year, 684 times more than Facebook. Many of our competitors, like Facebook, avail themselves of perfectly legal mechanisms for reducing their tax bill. We don’t, but would urge the government to consider what it can do to level the playing field so that British businesses paying their fair share of tax in the UK are not disadvantaged.”


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