July 11th, 2017 / Insight posted in Practical Guides

Publication of tax strategy

Certain large businesses operating in the UK will be required to publish a tax strategy every year.

Who is required to publish a tax strategy?

The tax strategy rules are aimed at large corporations and partnerships. Broadly, a UK company, UK partnership, UK-headed group, or UK-headed sub-group will be required to publish a tax strategy if in the previous financial year either of the following conditions were met:

  • Turnover of more than £200 million; or
  • Gross assets of more than £2 billion.

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