Costain tax strategy
Costain helps improve people’s lives by deploying technology-based engineering solutions to meet urgent national needs across the UK’s energy, water, transportation and defence markets. We employ 4,000 staff, delivering over 99% of our turnover from UK contracts. Costain Group PLC is listed on the London Stock Exchange.
Performing responsibly is integral to our success and to the sustainability of our business, and this informs our corporate strategy and, by association, this tax strategy. The Costain board of directors recognises that compliance with tax regulations and legislation is one of its main responsibilities. In common with other aspects of our business, oversight is assigned to one member of the board, the chief financial officer (CFO), who is responsible for apprising the board about tax matters. This allows the board members to be engaged in the tax affairs of the Group and ensures the Group adheres to its responsibilities. Click on the attachment below for more details.