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Company Response

27 Ago 2014

Author:
Nando's

Nando's response to the Guardian's allegations of UK tax avoidance

"Our response to the Guardian story about Nando's and the corporation tax that we pay in the UK", 11th July 2014: The Guardian has run a story claiming that Nando's avoids paying corporation tax in the UK by hiding money in off shore accounts. We want to set the record straight, last year we paid over £12million pounds in corporation tax, 23% of the operating profit we made... The year before we paid £10.4million. Nando's is a family business.  It's still owned and run by the people who founded a single chicken shop in South Africa and have grown it to become a global company with over 1,050 restaurants in 22 countries. Serving chicken in so many different places does make our parent group’s financial structure complex, but we have always been open and honest about the tax we pay in the UK. In addition to the tax we pay, we employ 11,000 people in this country and are growing all the time, creating new jobs and supporting more and more UK businesses as we go. We provided The Guardian with all of this information and further details on how our company is structured both in the UK and Internationally. We are really disappointed with how they have chosen to interpret our success, because we are incredibly proud of our company and everything we have all worked so hard to achieve.

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