One Direction paid a LOT of tax this year – more than Facebook, Caffe Nero and Starbucks PUT TOGETHER

You may hate their music, but you’ll love their accounts

Global pop phenomenon One Direction have paid £10.75m in tax in 2014, more than 23% of their profits.

After tax, the company 1D Media, which has current and former band members Niall Horan, Harry Styles, Zayn Malik, Liam Payne and Louis Tomlinson on its board, made £34.98m in profit.

Turnover was £73.7m.

1D Media paid more tax in 2014 than Facebook, Starbucks and Caffe Nero, and a higher percentage than Google, Boots, Vodafone, Ebay and Apple.

  • 1D Media: £10.75m
  • Starbucks: £1.05m
  • Facebook: £4,327
  • Caffe Nero: £0

 

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Readers' comments (4)

  • Anonymous

    Good on 1D paying their dues. I am fed up to the back teeth of these enormous global brands using " creative" (yet legal) accounting practices to get away from their moral obligations. What would happen if we all decided to withold paying our taxes in protest until these companies did. ANSWER........THE COUNTRY WILL EITHER COLLAPSE OR THE POLITICIANS WOULD MAKE SURE THAT THESE COMPANIES STARTING PAYING THEIR DUES.

    By not paying their dues we are all subsidising them as our taxes are that little bit higher because of them.

    Everyone on PAYE has no choice but to pay their taxes but these companies are taking us for idiots and LAUGHING ALL THE WAY TO THE BANK.....

    I run my own business and almost feel like refusing to pay my tax until these companies start paying their share.

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  • Well done lads, you deserve all you get.
    shame that the government does not have the same effect on these large companies, about time they started shutting them down, and show some balls !!!

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  • These companies that barely make any 'profits' year after year should be classified as zombie companies and shut down.
    Does anyone know how much the government subsidises these same non-taxpaying firms through the tax credits given to their low-paid employees?

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  • Can't say I am a huge fan of the band musically - but you have serious raised your credibility with me, at any rate. Well done to you for paying your tax and not whinging about it or trying find creative ways to avoid it.

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