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Netflix pays £3.2m in UK corporation tax as it ramps up British-made shows
Netflix is ramping up its investment in British shows such as The Crown
Netflix paid just £3.2m in UK corporation tax in 2019, but said it was ramping up its investment in British shows such as Sex Education and The Crown.
Netflix’s UK divisions posted revenue of £120m for the year and pre-tax profit of £13m, according to Companies House filings.
While the £3.2m tax bill is the company’s highest to date, critics have argued that the Silicon Valley tech giant should be coughing up far more to the taxman.
New Ofcom duty of care rules to protect TV show participants will apply to news in exceptional circumstances
The new rules have been brought in to help safeguard participants in TV shows after the suspected suicide of a man who appeared on the Jeremy Kyle Show in 2019 and the deaths of former participants on ITV’s Love Island.
Timeline
However, the regulator did provide reassurances that the new requirements would be unlikely to be strictly applied to news programming.
Ofcom is adding requirements to section seven (fairness) of the Broadcasting Code meaning programme-makers must inform participants of any potential risks of taking part that may affect their welfare and any steps that will be taken in mitigation.