By: Richard
From its SEC filing: “Accenture plc is an Irish public limited company with no material assets other than Class I common shares in its subsidiary, Accenture SCA, a Luxembourg partnership limited by...
View ArticleBy: The Thought Gang
I have taken the ten seconds it requires to do a companies house search, and Accenture UK seems to be a private limited company, not a partnership. As for what the profits/tax relate to.. I’m not...
View ArticleBy: Richard
That’s the top company. But there is an Accenture UK Ltd, a UK registered company, number 04757301, which one would expect would be paying corporation tax on its profits. Possibly there’s a UK...
View ArticleBy: Richard
Got the Accenture UK accounts. Indeed, no UK tax, although there is £3.3m overseas tax. Most of the non-tax is due to £28.4m of “other timing differences”, which isn’t very helpful. There is also: ....
View ArticleBy: Richard
Accenture UK Ltd isn’t just a UK operation; it also owns the Jersey subsidiaries, an Italian HR operation, a US broadband company and the group’s Azerbaijan operations. Presumably those subsidiaries’...
View ArticleBy: The Thought Gang
Good work, Richard. Timing differences are where the period in which profits are recognised are different to the periods in which they are taxed. So that’s where stuff like capital allowances comes in…...
View ArticleBy: Richard
I assumed that the Jersey subsidiaries were actually doing things in Jersey (lots of accounting and consultant types out there), but that may have been optimistic.
View ArticleBy: JamesV
Income tax form should have two boxes. One marked “Income”, another marked “Tax due”. Company tax should be a little more complicated. Three boxes. One marked “Money in bank at beginning of year”,...
View ArticleBy: MakajazMonkee
Arn’t Accenture just paid in tax anyway? Every big job they seem to get is a government contract, and they always go over the deadline and over the budget. Its sort of like charging government workers...
View ArticleBy: Pellinor
Non-taxable group income will be dividends, which aren’t generally taxed when received by a UK company. Share compensation relief is the deduction for share options granted. That gets treated as an...
View Article
More Pages to Explore .....