NOVOMATIC UK Limited and its UK subsidiary undertakings (the “NOVOMATIC UK Group”) represents the UK’s largest gaming industry operation comprising manufacturing, operating and distribution of gaming and other amusement equipment.
Tax Strategy
The business is committed to complying with the tax laws. This tax strategy applies to all UK taxes applicable to the NOVOMATIC UK Group, which will be reviewed annually, updated as appropriate and approved by the Board of Directors of the NOVOMATIC UK Group (“the Board”). It also reflects the regulated nature of our business, which requires further compliance with local laws and regulations, including those of the UK Gambling Commission.
As outlined in the NOVOMATIC UK Group Tax Policy, the NOVOMATIC UK Group’s overall approach to tax is to pay the correct amount of tax, on time, reflecting the underlying commercial transactions across the business and fulfilling our legal obligations.
Tax matters are proactively managed by our clear internal tax policy framework, robust business controls and processes and maintenance of an open and regular dialogue with the tax authorities.