Nuclear Decommissioning Authority
June 9
07:27
2023
Details
HMRC requires a published tax strategy for organisations that fall within either of the definitions below:
1)A UK group, sub-group, company or partnership, that in the previous financial year had one or both of a:
- turnover over 200 million
- balance sheet total over 2 billion
2)UK companies or groups that are part of a Multi-National Enterprise (MNE) group that meets the Organisation for Economic Co-operation and Developments (OECDs) Country-by-Country Reporting framework threshold of global turnover over 750 million euros.
The NDA group falls within these definitions and therefore requires a published tax strategy.