Amazon Lending

BKL tax partner David Whiscombe comments via the UK200Group on news that online retailer Amazon is to launch Amazon Lending tomorrow (30 June).  ‘It will offer loans to small and medium-sized companies that trade goods via Amazon’s Marketplace division for third-party sellers. Amazon Lending will initially be by invitation-only but the company has not ruled out expanding the service.’

 

“It will be interesting to see if this lending is done through a UK tax-paying company or if Amazon will be unable to resist the temptation to create arcane offshore structures to avoid the inconvenience of paying UK tax on the interest.”

 

More comments are available on the UK200Group website.

NICOLA HALL

BILSHAN MENSAH

Sam Inkersole

In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

Jon Wedge

While Jon’s client work focuses on the financial services sector, he also oversees the firm’s assurance service, as well as supporting the trainees following in his footsteps.

ELANA DIMMER

Elana joined us in 2017 as an ACA trainee, after graduating from Durham University where she had studied languages. She is now a manager in our assurance team.

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