Waterstones tax strategy

The tax strategy below has been published in accordance with Finance Act 2016 Schedule 19 Part 2 and covers the year from 28 April 2019 to 25 April 2020. It sets out the strategic tax objectives of the Waterstones group of companies ('Waterstones') and has been approved by the Board of Directors of Book Retail Bidco Limited, which is the immediate parent company of all Waterstones trading companies.

The overall objective of this strategy is to ensure that Waterstones pays the correct amount of tax, at the right time, under all applicable laws and regulations. Tax affairs will be conducted with the objective of retaining a low tax risk assessment from HMRC, which will be achieved by meeting the objectives set out in the framework below:

Working with HMRC


Managing Tax Risks


Tax Planning