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Starbucks’s UK retail arm received a £13.7m corporation tax credit last year, despite reporting higher sales and an expanded store estate across the country.
The credit can be used to offset future tax bills. It came as the business posted widening full-year losses of £41.3m in the 12 months to the end of September.
During the same period, sales at the UK division increased by 6%, and the company added 92 stores.
The latest figures also show that the losses were close to the £40m the business paid in royalty and licence fees to its parent company.
The results highlight the gap between top-line growth and underlying profitability at the coffee chain’s UK retail arm, which continues to expand while remaining in the red.
