Anaplan UK Holdings Limited Group

Our Approach to the Management of Tax

Financial Year 31 January 2024

Introduction

Anaplan is a leading provider of enterprise cloud software, with a core focus on empowering organisations to plan and lead better business outcomes. Within the UK, Anaplan offers a range of services to help businesses with their financial planning, budgeting, and supply chain management.

Commitment to compliance

Anaplan is committed to managing its tax responsibilities with the highest integrity. It is committed to complying with all tax laws and paying the right amount of tax, at the right time, in the right place.                                                                                          

Approach to tax risk management and governance

Anaplan has appropriate governance, policies, and processes in place to ensure its tax obligations are met from an operational and risk management perspective. The Board has overall accountability for Anaplan’s approach to the management of taxes, who have delegated day-to-day responsibility of the management of UK taxes to the EMEA Group Financial Controller. The Board is provided updates, as appropriate, on UK tax-related matters including:

• Anaplan’s tax compliance status
• Anaplan’s material tax risks and the controls in place to manage these tax risks
• Ensuring tax decisions are made in line with Anaplan’s approach to the management of taxes and its tax-risk appetite

Attitude toward tax planning

Anaplan manages its tax affairs to support the business and will enter into tax planning where it contributes to the achievement of its strategic goals. Anaplan may take advantage of available tax reliefs and incentives but will do so only for the purposes for which they were intended. Anaplan ensures that any tax positions adopted will:

• Preserve the commercial purpose of intended transactions and not be structured in a way such that the tax results are inconsistent with the underlying economic consequences
• Be consistent with our understanding of the intentions of the legislators
• Where appropriate, be overseen by the Board

The level of risk in relation to UK taxation that Anaplan is prepared to accept

Anaplan actively seeks to identify, monitor, and manage its tax risks. Where applicable laws and regulations are subject to interpretation, giving rise to inevitable complexity and uncertainty, we seek appropriate assurance regarding the position taken from reputable third-party advisers. The Board has oversight over how tax risks are managed as well as ensuring there are appropriate controls.

Approach to dealing with tax authorities

Anaplan engages with HMRC in an open, honest, and transparent manner. It seeks to resolve any errors or disputed matters through proactive and transparent discussion and negotiation with HMRC.

Approved by the Board: 11 January 2024

The publication of this strategy statement is regarded as satisfying the statutory obligation under Para 16 (2), Schedule 19, Finance Act 2016 for the Anaplan UK Holdings Limited Group.