Ensuring Compliance and Transparency: Manpower Holdings (UK) Limited Tax Strategy

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Ensuring Compliance and Transparency: Manpower Holdings (UK) Limited Tax Strategy

Introduction to Manpower Holdings (UK) Limited Tax Strategy

Manpower Holdings (UK) Limited (MHUK) is a private company based in England and Wales, operating as a subsidiary of ManpowerGroup Inc. The tax strategy outlined by MHUK extends to its UK subsidiaries and other group undertakings in the UK. This strategy, in accordance with the Finance Act 2016, highlights the commitment to full compliance with UK tax laws and practices.

Commitment to Compliance and Risk Management

MHUK is dedicated to paying the correct amount of tax at the right time and place while ensuring full disclosure to tax authorities. The responsibility for UK taxation is entrusted to the Senior Accounting Officers and finance teams of the UK companies under MHUK, with the ultimate oversight resting with the respective boards of directors and MGI's Global Tax department. Regular discussions and risk assessments are conducted to manage tax risks effectively.

Approach to Tax Planning and Dealing with HMRC

MHUK follows a low-risk classification by HMRC and maintains this status through a conservative approach to tax affairs. Tax planning is conducted with commercial and economic substance, ensuring compliance with legal requirements and upholding corporate responsibilities. The relationship with HMRC is proactive, transparent, and constructive, with MHUK emphasizing timely tax return filing and disclosure of significant transactions.

Entities Covered by the Tax Strategy

The tax strategy encompasses various entities under MHUK, including but not limited to Manpowergroup Scotland LLP, Brook Street Bureau Limited, Experis Group Limited, Right Management Limited, and Volaris Exec Recruitment Limited. Each entity is committed to adhering to the tax strategy's principles and maintaining compliance with UK tax regulations.

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