Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts
Palantir paid £2 million in UK corporation tax in 2024 despite holding public sector contracts worth hundreds of millions of pounds, including work with the NHS and Ministry of Defence. The company benefits from tax arrangements that are expected to reduce its government contributions in multiple countries for years ahead.
Why this matters: A company that wins government contracts funded by public money paying very little tax on those earnings is a straightforward accountability problem. Palantir is not a small startup. It holds sensitive NHS and defence data and is growing fast in the UK public sector. If it takes hundreds of millions in government contracts and returns £2 million in tax, the public is subsidizing a company that is not contributing much back. That is worth knowing, especially when the same company holds data on patients and military operations.
Who should care: General readers · AI governance · Policy
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