The Group makes a significant economic contribution to the countries where it operates through taxation, either borne by the Group or collected on behalf of and paid to the relevant tax authorities.
In FY 2022/23, the total taxes borne and collected globally by the Group amounted to £509m. In the UK, where the Group is headquartered and has significant operations, Burberry paid business taxes of £166m and collected a further £32m of taxes on behalf of the UK Exchequer.
£m |
|
Total taxes collected |
177 |
Corporate taxes paid |
140 |
Employer NIC/social security payments paid |
61 |
Customs duties / excise taxes paid |
104 |
Property taxes suffered |
23 |
Other taxes suffered |
4 |
509 |
|
£m |
Total taxes collected |
32 |
Corporate taxes paid |
113 |
Employer NIC/social security payments paid |
26 |
Customs duties / excise taxes paid |
15 |
Property taxes suffered |
11 |
| Other taxes suffered |
1 |
198 |
| ADDITIONAL DETAILS ON TOTAL TAX CONTRIBUTION BY BURBERRY GROUP SUBSIDIARIES | ||||
| COMPANY NAME | Place of incorporation | Activity | Employees | TOTAL TAX CONTRIBUTION (£m) |
| Burberry Limited | United Kingdom | Trading and Manufacturing | 3,082 | 206 |
| Burberry Limited (US) | United States | Trading | 1,042 | 99 |
| Burberry (Shanghai) Trading Co. Ltd. | China | Trading | 1,437 | 71 |
| Burberry Italy S.R.L. / Burberry Manifattura S.R.L. | Italy | Trading and Manufacturing | 454 | 28 |
| Burberry Korea Limited | Republic of Korea | Trading | 541 | 17 |
| Burberry Japan K.K. | Japan | Trading | 405 | 13 |
| Burberry France SASU | France | Trading | 171 | 10 |
| Burberry (Deutschland) GmbH | Germany | Trading | 92 | 8 |
| Burberry Canada Inc | Canada | Trading | 138 | 6 |
| Burberry Netherlands B.V. | Netherlands | Trading | 51 | 7 |
| Burberry Brasil Comercio De Artigos De Vestuario e Acessorios Ltda. | Brazil | Trading | 66 | 6 |
| Burberry (Spain) Retail S.L. | Spain | Trading | 92 | 6 |
| Burberry Pacific Pty Ltd | Australia | Trading | 95 | 6 |
