Spotify pays just £1million UK tax despite £30million deal with Meghan and Harry
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mirror.co.ukMeghan Markle and Prince Harry's new £30million business partner Spotify paid less than £1million in tax last year from its key UK arm.
While Spotify is shelling out millions to big name stars such as Harry and Meghan after amassing global revenues of £6billion last year, Spotify UK paid £994,152 to the UK Treasury.
Its biggest signing is Joe Rogan, who is getting £85million for The Joe Rogan Experience. Former First Lady Michelle Obama has also signed a multi-million deal with the company.
The firm had a turnover of £90.3m in the UK with a pre-tax profit of £6.3m. Sales reported in its UK arm paled in comparison to the £434m in revenue reported by the US parent company.
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