The chain shows the principal BT operating company. EE Limited and Openreach Limited are also listed as wholly owned group undertakings; their intermediate holding companies are omitted. This is not a breakdown of individual shareholder stakes. [1][4]
Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.
03 / The figures, with context
What does it report in UK tax?
The 2026 Tax Strategy reports 2024/25 payments: no new UK corporation-tax payment and a £102m refund relating to earlier years. The negative figure below records that net refund. The 2025/26 annual cash-flow total is worldwide.
United Kingdom2024/25
UK corporation tax paid / (refunded)
-£102mCash refund
BT Group · UK Period ending 31 Mar 2025
Net refund of £102m, received for earlier years. Printed pages 1–3 of the 2026 Tax Strategy relate to FY25, ending 31 March 2025; this is not a 2025/26 payment or a deferred-tax credit. [2]
United Kingdom2025/26
UK corporation tax paid
Not yet verifiedCash payment
BT Group · UK Period ending 31 Mar 2026
The newer annual financial statements have been reviewed, but an equivalent UK-only cash figure has not been verified. The dated 2024/25 refund remains the headline. [1]
Consolidated group2025/26
Group income taxes paid, net
£58mCash payment
BT Group · worldwide Period ending 31 Mar 2026
Consolidated cash-flow outflow on printed page 138. It is not a UK-only payment. [1]
United Kingdom2024/25
Total UK tax contribution
£3.4bnTaxes borne + taxes collected
BT Group · UK Period ending 31 Mar 2025
£765m taxes borne, including the refund, plus £2,681m collected for government. Includes business rates, National Insurance, VAT and payroll deductions. Printed page 2. [2]
These figures have different scopes. They should not be added together or used as a like-for-like tax ranking.