TBC Bank Group PLC is a public limited company registered in England and Wales. TBC is listed on the premium segment of the London Stock Exchange and is a FTSE 250 constituent. It is also a member of the MSCI United Kingdom Small Cap Index

Our approach to tax risk management

TBC is committed to complying with all applicable tax laws in all jurisdictions where Group Companies operate, including in the UK. In particular, we aim to pay the correct amount of tax within applicable time limits.

Our objectives are built around the following key principles:

  • transparency;
  • responsibility; and
  • effective interaction with tax authorities.

We ensure that the management of tax risk and proper governance around our tax operations is supported by appropriately trained personnel who have clear responsibilities to identify, analyse, assess and manage tax risks.

TBC has robust tax risk management procedures in place which include risk review processes, internal assurances and, where necessary, discussions with tax authorities and/or consultations with reputable external advisors.

For more details, please view our tax strategy.