Large corporate compliance

Following the lead of the OECD’s Base Erosion of Profits campaign, the UK Treasury has introduced a number of compliance measures designed to identify large corporate groups that are not contributing their fair share to the UK tax net. While these are aimed at Multinational Groups (global income of €750 million) and the largest UK groups (combined UK income of £200 million or UK assets of £2 billion) even small UK subsidiaries of larger groups could be caught.

We have produced a series of blog posts on the key measures to consider, all of which are listed below.

• Senior Accounting Officer
• Country By Country Reporting
• Tax Strategy Publication
• Corporate Interest Deduction
• Accelerated Instalment Payments

If you have any concerns or would like to discuss further, please contact us.