Computacenter PLC Group Tax Strategy
Computacenter is a leading independent technology and services provider, trusted by large
corporate and public sector organisations. We are a responsible business that believes in winning
together for our people and our planet.
We help our customers to Source, Transform and Manage their technology infrastructure to deliver
digital transformation, enabling people and their business.
Computacenter’s approach to tax is aligned to one of the core values of the Group – beingstraightforward. The primary goal of Computacenter’s tax strategy is to ensure that the correct tax ispaid at the correct time and that all tax laws are adhered to. A strong, proactive and transparent
working relationship with all tax authorities that the Group engages with is a key objective of theGroup’s tax strategy.

Tax governance
The Group’s tax strategy is reviewed and approved annually by the Board. The Board has delegated
the responsibility for the execution of the tax strategy to the Group CFO who advises the board on
the tax affairs of the Group.
The Group Financial Controller has ownership of the Group’s tax operations and oversight of tax risk.
Operational process and the analysis and preparation of the tax records is the responsibility of theGroup Head of Tax and Treasury, who is responsible for managing the Group Tax Team.
The tax responsibilities of the Group CFO, Group Finance Controller and Group Head of Tax andTreasury include:•Regular communication with the Board regarding management of material tax risks andissues;•Reviewing any significant transactions; (e.g. acquisitions, disposals, financingarrangements);•Approving external advisor appointments;•Monitoring adherence to the Group’s tax strategy;•Approval of tax disclosures for the Group’s financial statements;•Approval of tax returns; and,•Ensuring accounting systems and controls calculate and report accurate and timely
information for tax reporting purposes, which includes, but is not limited to, enabling theUK Senior Accounting Officer to provide the certification required by Schedule 46 FinanceAct 2009.

Attitude towards tax planning
The Group ensures that significant transactions are reviewed by the tax team so that tax
interpretation is dealt with upfront to ensure an effective and tax compliant structure is selected.
Where necessary, external tax advice will be sought to ensure the commercial requirements of thebusiness are properly aligned to the relevant tax legislation and documentation requirements. TheGroup will review transactions to ensure that tax risks are managed effectively, and whereapplicable, that the Group can realise Government driven incentive schemes as they were intended
to be used. Examples of tax planning activities are ensuring that cross-border transactions arecorrectly aligned to the relevant OECD driven legislation, or that qualifying expenditure is correctly
identified for R&D credits.

Management of and attitude towards tax risks
The Group’s tax strategy is to take appropriate care so that the correct amount of tax is paid at thecorrect time. The Group does not set permissible levels of acceptable tax risk. In 2008, HMRC
awarded Computacenter (UK) Limited a low risk status. It is the intention of Computacenter (UK)
Limited’s management to maintain its low risk status with HMRC as this is congruent with theGroup’s approach to its tax strategy.
The Group considers and manages its tax risks across three specific areas:
Transactional tax risk – This concerns risks and exposures associated with not correctly interpreting
and applying tax legislation to transactions undertaken by the Group. Material transactions require
the approval of the Group CFO who will ensure that the tax risk associated with a transaction isunderstood and managed. The Schedule of Matters Reserved for the Board requires that all
significant transactions which affect the Group’s strategy, structure, financing and contracts areproperly addressed and approved by the Board of Directors. Included as part of this process isensuring that any tax risks involved with the transaction are fully understood and managed.
Transactional tax risk analysis is carried out by the Group tax team. If the Group tax team consider
that sufficient uncertainty exists then external advice will be sought to ensure any risk isappropriately managed.
Operational tax risk – Operational tax risk concerns the risk of not correctly applying tax laws,
regulations, and internal tax decisions to the routine daily business operations of the company. The
tax team maintains an up-to-date knowledge of the tax rules governing the jurisdictions that theGroup operates in through a combination of training, legislative updates and a network of external
tax advisors which understand the Group’s business. Group systems and processes are used to apply
the correct tax treatment to the operations of the Group.
Compliance tax risk - The Group Head of Tax and Treasury is responsible for ensuring that the tax
team has appropriate resource and technical knowledge to meet the Group’s complianceobligations. Workflow tools are used to manage the completion of compliance obligations. External
support is engaged if in-house resource is not available to meet a compliance requirement.

Working with tax authorities
The Group maintains an open and honest relationship in its dealing with local tax authorities and willseek to work in partnership, including:•In the event of any inadvertent error(s) arising, full disclosure, will be made;•The Group will disclose any relevant planning it undertakes in line with the legal
disclosure requirements and criteria set out by the tax authority;•Where appropriate, the communication routes will have been agreed with the tax
authority; and•The Group will continue to meet and cooperate with the tax authority to facilitate amutually beneficial relationship.

Computacenter values HMRC’s approach to assigning a Customer Compliance Manager (CCM) andhas found this to be positive in proactively discussing and resolving tax issues. Computacenter willcontinue to engage the CCM to maintain a mutually beneficial relationship with HMRC.

UK compliance statement
Computacenter’s tax strategy is set at a group level so that a consistent approach is taken tomanaging tax across the Group. Computacenter considers that the publication of its Group Tax
Strategy complies with the UK requirements under paragraph 162(2), Part (2), Schedule 19, FinanceAct 2016 to publish a tax strategy. All aspects of the Group Tax Strategy are applied to the risk
management and governance of UK taxes, the attitude towards tax planning insofar as it affects UKtaxes, the level of risk in relation to UK taxes which Computacenter is prepared to accept and theapproach of Computacenter towards its dealings with HMRC.

Approval of the Group tax strategy
The Computacenter Group Tax Strategy document was approved by the Board of Computacenter
PLC on the 6th December 2023.