{"id":21524,"date":"2025-03-03T11:25:28","date_gmt":"2025-03-03T17:25:28","guid":{"rendered":"https:\/\/www.bbrown.com\/uk-tax-strategy\/"},"modified":"2026-08-20T05:25:06","modified_gmt":"2026-08-20T10:25:06","slug":"uk-tax-strategy","status":"publish","type":"page","link":"https:\/\/bbrown.com\/uk\/uk-tax-strategy\/","title":{"rendered":"UK Tax Strategy 2026"},"content":{"rendered":"<div class=\"wpb-content-wrapper\" id=\"wpb-content-root\"><p>[vc_row row_style=&#8221;page-hero&#8221; full_width=&#8221;stretch_row_content_no_spaces&#8221;][vc_column]\n\t<div class=\"hero hero--wrap    \">\n\n\t\t<div class=\"hero--background-image bg-brand-dark-blue bg-overlay\">\n\t\t\t<div class=\"hero--overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"hero-background\"><\/div>\n\t\t\t\t\t<\/div>\n\n\t\t<div class=\"hero--container\">\n\t\t\t<div class=\"container\">\n\t\t\t\t<div class=\"hero--inner width-100\">\n\n\t\t\t\t\t\n  <div class='content-heading  100%  '>\n    \n    <h1 class='text-white    h1'>\n      UK Tax Strategy 2026\n    <\/h1>\n\t\n  <\/div>\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n[\/vc_column][\/vc_row][vc_section][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]<strong>Brown &amp; Brown Inc. &amp; Subsidiaries<\/strong><br \/>\n<strong>UK Tax Strategy 2026<\/strong><\/p>\n<p>Brown &amp; Brown, Inc. &amp; Subsidiaries (\u201cthe Group\u201d) regards the publication of this UK tax strategy as complying with its duty under paragraph 16(2) of Schedule 19 of the Finance Act 2016 to publish its United Kingdom (\u201cUK\u201d) tax strategy in the current financial year, ended 31 December 2026.<\/p>\n<p>References to \u2018UK Taxation\u2019 are to the taxes and duties set out in paragraph 15(1) of the Schedule which include Income Tax, Corporation Tax, PAYE, NIC, VAT, Insurance Premium Tax, and Stamp Duty Land Tax.\u00a0 References to \u2018tax\u2019, \u2018taxes\u2019 or \u2018taxation\u2019 are to UK taxation.<\/p>\n<p>&nbsp;<\/p>\n<p>Taking each of the requirements of Schedule 19 in turn:<\/p>\n<p><strong>1. Approach of the UK Group to risk management and governance arrangements in relation to UK <\/strong><strong>taxation<\/strong><\/p>\n<p>Brown &amp; Brown, Inc currently operates in the UK through three divisions:<\/p>\n<ul>\n<li>Retail;<\/li>\n<li>Wholesale; and<\/li>\n<li>Enterprise<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>1.1 Governance<\/strong><\/p>\n<p>Responsibility for the tax strategy, the supporting governance framework and anagement of tax risk ultimately sits with the Company\u2019s Chief Financial Officer. Day-to-day responsibility for each of these areas sits with the Company\u2019s Director of Tax. The Group\u2019s tax strategy aligns to the Group\u2019s wider risk and control framework. Key risks and issues related to tax are escalated to and considered by the Group\u2019s Audit Committee.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>1.2 Tax risk management<\/strong><\/p>\n<p>The Group\u2019s subsidiaries presently operate globally.\u00a0 The Group manages tax risks in a variety of ways including:<\/p>\n<ul>\n<li>The Group aims to manage tax risk in a similar way to any area of operational risk across the Group. The business is supported by oversight functions, including Tax and Internal Audit functions.<\/li>\n<li>The Group routinely engages local country third party accounting and legal firms to aid in the tax compliance, audit of financials, and the implementation of tax strategies as needed.<\/li>\n<li>As needed, the Group looks to engage with tax authorities to disclose and resolve issues, risks and uncertain tax positions. As a result, at any given time, the Group may be exposed to financial and reputational risks arising from its tax affairs, although the tax risk management procedures in place mean that these risks are carefully controlled.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>2. Attitude of the Group to tax planning (so far as affecting UK taxation)<\/strong><\/p>\n<p>The Group acknowledges its responsibility to pay the right amount of tax, as defined by all rules and regulations, in each of the principal jurisdictions in which it operates. The commercial needs of the Group are paramount, and all tax planning must have a business purpose. The economic benefits associated with tax planning must never override compliance with all applicable laws. The Group\u2019s Tax Director will ensure that tax arrangements are well-understood and based on sound, researched principles. All material tax arrangements are vetted through local jurisdiction third party accounting and of legal firms.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>3. Level of risk in relation to UK taxation that the Group is prepared to accept<\/strong><\/p>\n<p>The Group\u2019s tax risk appetite requires that, where tax law is unclear or subject to interpretation, the level of risk which the Group accepts in relation to UK taxation is consistent with its overall objective of achieving certainty, where possible, in the Group\u2019s tax affairs.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>4. Approach towards dealings with HMRC and other tax authorities<\/strong><\/p>\n<p>The Group seeks to comply with its tax filing, tax reporting and tax payment obligations globally. The Group\u2019s Tax Director recognizes the importance of developing strong and collaborative relationships with HMRC. The Group\u2019s Tax Director will:<\/p>\n<ul>\n<li>Proactively manage Brown &amp; Brown Inc.\u2019s relationship with HMRC with the aim of minimizing the risk of challenge, dispute or damage to its credibility.<\/li>\n<li>Participate in any formal tax authority consultation process where it is expected that the matter under consultation will have a material impact on the Group\u2019s liability or the Group\u2019s tax compliance management.<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][\/vc_section]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row row_style=&#8221;page-hero&#8221; full_width=&#8221;stretch_row_content_no_spaces&#8221;][vc_column][\/vc_column][\/vc_row][vc_section][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]Brown &amp; Brown Inc. &amp; Subsidiaries UK Tax Strategy 2026 Brown &amp; Brown, Inc. &amp; Subsidiaries (\u201cthe Group\u201d) regards the publication of this UK tax strategy as [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-21524","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UK Tax Strategy 2026 - Brown &amp; Brown<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bbrown.com\/uk\/uk-tax-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK Tax Strategy 2026\" \/>\n<meta property=\"og:description\" content=\"[vc_row row_style=&#8221;page-hero&#8221; full_width=&#8221;stretch_row_content_no_spaces&#8221;][vc_column][\/vc_column][\/vc_row][vc_section][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]Brown &amp; Brown Inc. &amp; Subsidiaries UK Tax Strategy 2026 Brown &amp; Brown, Inc. &amp; Subsidiaries (\u201cthe Group\u201d) regards the publication of this UK tax strategy as [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bbrown.com\/uk\/uk-tax-strategy\/\" \/>\n<meta property=\"og:site_name\" content=\"Brown &amp; Brown\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-20T10:25:06+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/bbrown.com\\\/uk\\\/uk-tax-strategy\\\/\",\"url\":\"https:\\\/\\\/bbrown.com\\\/uk\\\/uk-tax-strategy\\\/\",\"name\":\"UK Tax Strategy 2026 - Brown &amp; 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