United Kingdom Tax Strategy

Infobip is committed to achieving timely compliance with all applicable UK tax laws, including that it pays the appropriate amount of UK tax and tax returns, and payments are accurate and made on time. Infobip’s tax strategy is overseen by the management team in the UK. Through a coordinated effort, which includes contributions from Infobip’s various departments, the tax department implements the approach to compliance with respect to the UK tax obligations. Infobip’s tax department collaborates with the wider business groups to identify, assess, monitor and manage tax risks within the business.  

Corporate Criminal Offence (CCO): Infobip has a zero-tolerance policy in relation to the facilitation of tax evasion carried out.  

Senior Accounting Officer (SAO) regime: Infobip is also within the Senior Accounting Officer (SAO) regime; the SAO is aligned with the requirements of the regime and takes reasonable steps to maintain appropriate tax accounting arrangements within the business. 

Level of tax risk: The level of tax risk that the Infobip business is willing to accept is low. 

Infobip takes an active approach to managing its tax risks. Infobip considers and takes account of the tax consequences in connection with commercial transactions. Whilst tax efficiency is taken into account when entering into new business relationships, these relationships are led by commercial rather than tax planning (artificial and/or contrived) motives, which also include reputational, operational and commercial factors. Infobip regularly seeks external tax advice where the tax treatment of business relationships under tax law is complex, unclear or uncertain. Infobip regularly engages external tax advisors for tax compliance and advisory assistance, as an additional safeguard to ensure tax compliance and reduce tax risks. Tax incentives and reliefs are used by the business in the manner that we believe they were intended to be used, in line with both the spirit and letter of the law. 

Infobip’s intention is to maintain a constructive and transparent relationship with HMRC. In responding to any HMRC queries, Infobip will act timely, comprehensively and honestly.