COA: 77.77 GBp
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UNDERSTANDING COATS

Coats tax strategy

Public scrutiny of corporate taxation has reached unprecedented levels over the past few years. Our corporate reputation is important to us, and we feel that it is crucial to be transparent in our business dealings and in particular about our approach to tax affairs.

Our company vision and goals establish what we want to achieve as a business, and our tax affairs are managed to support them. Our principles describe the way we work, and apply equally to how we manage our tax affairs, in particular being open and honest in our dealings with stakeholders and making sure we deliver on our goals, vision, and strategic objectives.
We have high expectations of ourselves, and the relationships we build with our stakeholders. We want to achieve success and look to grow through positive, global teamwork.
We operate a robust risk management framework across our business, and this approach also applies to the management of our tax affairs.
We always consider our corporate responsibilities which enable us to build and maintain our reputation, together with the trust and confidence of our employees and the people with whom we do business. The tax we pay supports the communities in which we operate.
The way we approach our tax affairs is outlined below:
At Coats, we will:
We will not: