Targeted Review of Corporation Tax

The targeted review will: • Give confidence in the approach taken by companies to project tax in their Business Plans at PR14. • Improve understanding of water companies’ individual tax positions and the actual impact of recent changes compared to business plan projections at PR14. • Consider and evaluate options available to funding tax at the 2019 price review PR19. • Consider further options to improve transparency in reporting of the corporation tax charge for the regulated business. Scope • Buildin...