NTT DATA Services UK Limited Tax Strategy
This document regarding our approach to tax in the UK is published by NTT DATA Services UK Limited (ʻNTT DATA Services UKʼ) in accordance with the requirements of paragraph 22(2) of Schedule 19 of the UK Finance Act 2016. This document is effective for the financial year ending 31 March 2025 and will be reviewed annually and updated as necessary.
Our business overview
We are one of the leading information technology businesses specializing in the provision of information technology services, including consulting services,
application services, business process outsourcing and infrastructure services.
Our approach to tax risk management and governance
NTT DATA Services UK is committed to highest ethical standards and compliance with all relevant laws and regulations, social standards, and internal business
policies.
NTT DATA Services UK's business is overseen by the global Chief Finance Officer (ʻCFOʼ), who is supported by an experienced finance team. Our CFOʼs responsibilities include risk management, governance and oversight with respect to tax. Reporting to the CFO, our finance and tax teams ensure that robust tax administration (including timely filing of tax returns, making of tax payments and prompt dealings with any queries from Her Majestyʼs Revenue and Customs (ʻHMRCʼ) is maintained.
NTT DATA Services UKʻs business maintains policies of internal control systems as approved by senior management of the business to deal with various risks including tax. Our business is subject to Senior Accounting Officer (ʻSAOʼ) obligations, and our SAO is responsible for ensuring that our tax accounting arrangements are appropriate. Our SAO therefore plays an important role in achieving our tax strategy by having an oversight over our relevant tax processes and controls.
As part of the overall risk management and governance arrangements, NTT DATA Services UK's business is also supported by external advisors, where necessary.
The level of tax risk we are prepared to accept
We have a low tolerance towards tax risks, and we are committed to maintaining and enhancing our tax compliance processes and controls by ensuring that
appropriate training and guidance are provided within our finance and tax teams.
Our approach to tax planning
NTT DATA Services UK utilizes relevant tax reliefs available to us in accordance with the legislation, with a view to maximizing the shareholder value of NTT DATA Services UK. NTT DATA Services UK does not implement any tax planning measures which are artificial in nature and does not reflect our commercial reality.
Our approach to dealings with HMRC
NTT DATA Services UK aims to maintain a good relationship with HMRC, and works collaboratively with them in an open and honest manner.