Fujitsu's Tax Policy in the UK
Fujitsu’s activities in the UK generate considerable tax revenue for the Exchequer. In 2015/16 Fujitsu directly contributed a total of £404.8m. Of this, £62.9m were receipts it paid itself through corporation taxes, business rates, employers NI contributions, etc. It also collected a total of £341.9m in taxes on behalf of HM Treasury through VAT payments and employment taxes. The company’s corporation tax payments in recent years continue to be impacted by the significant cash contributions that it has continued to make to reduce the funding deficits in a number of its defined-benefit pension plans.
As a responsible tax payer, Fujitsu does not engage in any aggressive tax planning, tax avoidance schemes or offshore tax structures to artificially reduce the amount of UK tax it pays. We strive to be open with HMRC, to provide prompt and up-to-date information about how we manage our tax responsibilities, and to ensure our relationship with HMRC is efficient and effective for both parties.
Fujitsu’s vision is to be known as a responsible corporate citizen that delivers sustainable and profitable growth, while contributing positively to the communities we impact as well as the wider society.
Welcome to the Fujitsu UK & Ireland Corporate Social Responsibility Report
As an organisation that touches millions of lives throughout the UK and Ireland every day, Fujitsu has a significant responsibility to help address social issues affecting the communities in which we operate.