Tax strategy.

Applicability.

Publication under Schedule 19 of the Finance Act 2016 is required when the house crosses the statutory turnover threshold. Until that threshold applies, the house publishes a plain-language summary as a matter of good practice.

Summary.

The house pays the tax it owes in the jurisdictions it writes. It does not structure its operations for tax avoidance. It maintains open and constructive dialogue with HMRC and with the tax authorities of each territory in which it operates.

Last updated pending counsel review.