Facebook to award UK staff £280m in bonuses to cut tax bill
08.03.2016 - 00:29 |
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Facebook is reported to be planning to hand out bonuses worth £280m to British workers to reduce its tax bill in the next three years.
Workers in Facebook’s London office could receive an average of £775,000 each. Facebook paid out £35million in share awards to its employees in 2014, resulting in them declaring a loss of £28.5 million.