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SoftBank Robotics UK Ltd

UK Tax Strategy

This document sets out the UK Tax Strategy of SoftBank Robotics UK Ltd (“the Company”) in accordance with Schedule 19 of the Finance Act 2016.

 

This strategy applies to all UK taxes as defined under paragraph 15 of Schedule 19 Finance Act 2016.

 

The Board of Directors is responsible for approving and overseeing this Tax Strategy. This Tax Strategy was approved by the Board of Directors of SoftBank Robotics UK Ltd on 19 February 2026 and will be reviewed annually for updates where appropriate.

 

Overview of Company

SoftBank Robotics UK Ltd is a UK incorporated company and forms part of the SoftBank Robotics Group, ultimately owned by SoftBank Group Corp., incorporated in Japan.

 

The Company’s principal activity is the distribution, integration and support of commercial robotics solutions within the United Kingdom and EMEA markets. The Company generates revenue from hardware sales, software-enabled solutions, rental arrangements and related service contracts.

 

Tax Governance and Responsibility

The Board retains ultimate responsibility for the Company’s tax affairs. Day-to-day responsibility for UK tax compliance is delegated to the Finance Director and finance function, supported where appropriate by external professional advisers.

 

The Company ensures that:

  • Appropriate accounting systems are maintained to support accurate tax reporting.

  • Clear responsibility for tax compliance is assigned within the finance team.

  • Key filing deadlines are monitored through a compliance calendar.

  • Material tax matters are escalated to the General Manager and Board where required.

 

Where applicable, the Senior Accounting Officer of the Company is responsible for certifying annually that appropriate tax accounting arrangements are in place in accordance with UK legislation.

 

Approach to Tax Risk Management

The Company seeks to identify, assess and manage tax risks in a proportionate and commercially practical manner. Given the Company’s size and operational structure:

  • Core UK taxes (Corporation Tax, VAT, PAYE/NIC) are managed through established accounting systems and reviewed by qualified finance personnel.

  • Complex or uncertain matters are referred to external tax advisers.

  • Material transactions are reviewed to assess tax implications prior to execution.

  • Controls are reviewed periodically to ensure continued effectiveness.

 

The Company applies reasonable care in all tax matters and seeks to minimise the risk of errors or non-compliance.

 

Attitude Towards Tax Planning and Level of Risk

The Company does not undertake aggressive or artificial tax planning arrangements. Tax planning, where undertaken, is:

  • Commercially driven and aligned with genuine business activity.

  • Consistent with both the letter and spirit of UK tax legislation.

  • Structured in accordance with applicable transfer pricing and international tax principles.

 

The Company may utilise available tax reliefs, allowances and incentives intended by legislation, provided there is appropriate technical support.

 

The Company adopts a low risk approach to UK taxation. Tax risk is assessed considering financial materiality, reputational impact and likelihood of challenge. Where uncertainty arises, the Company seeks to achieve clarity and certainty through professional advice and, where appropriate, engagement with HMRC. The Company does not pursue tax positions that lack credible technical support.

 

Relationship with HM Revenue & Customs

The Company is committed to maintaining a professional, transparent and cooperative relationship with HMRC.

 

In dealings with HMRC, the Company aims to:

  • Make timely and accurate filings.

  • Respond to information requests in an open and prompt manner.

  • Disclose material issues or uncertainties where appropriate.

  • Resolve disputes through constructive engagement.

 

Where errors are identified, they will be corrected as soon as reasonably practicable.

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