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.
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