Last night, it emerged that Cadbury’s American owners have paid no UK Corporation tax last year- despite generating over £1.7 billion in sales.
Mondelez UK controversially took over Cadbury’s for £11.5Bn six years ago.
Accounts filed by the US company have revealed that it lawfully avoided any payment to the HMRC last year.
It has been stated that the company have avoided paying corporation tax in Britain through a series of legal accounting techniques. These include a combination of interest payments and a one-off £42million accounting gain from the sale of its coffee business, which was exempt from tax.