Our tax strategy sits at the heart of our business responsibility agenda, ensuring that we pay our fair share of taxes and that we conduct our tax affairs ethically and with integrity. The taxes we pay in the countries in which we operate contribute to the local economies and people’s lives.
We are proud to be a major contributor of taxes in the UK. In our financial year 2019–20, we paid corporation tax of £147m. We paid £365m of employer’s National Insurance contributions for our 82,800 people in the UK, and £400m of business rates in respect of our extensive UK fixed and mobile networks and our presence on around 620 high streets across the UK.
The One Hundred Group 2020 Total Tax Contribution Survey ranked us as the fifth highest contributor in the UK.