Payments to Governments

Does it affect me?

Payments to Gov reporting requires large and publicly listed companies in the extractive and logging industries to disclose payments made to governments on a country-by-country and project-by-project basis.

What do I need to do?

Companies are required to report payments that are material, typically defined as payments of €100,000 or more within a financial year.

Companies must provide a clear, comprehensive report that details the nature and total amount of payments to each government. This can be included in their annual financial reports or published separately.

What's the deadline?

If your business is affected, then hopefully you're already filing your Payments to Gov reports. Your report must be made public at least six months after the end of each financial year in a human readable format and in XML format.

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Extensive coverage

Get the essential reporting solutions at your fingertips, including CRD IV, IFR/IFD, Bank of England, AIFMD, Form PF, Solvency II, CbCR, CBI XBRL and CESOP.

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Automated validation

The regulators’ consistency checks are embedded into the ARKK software to ensure compliance with the regulators requirements.

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Excel based templates

Easily link data from existing workbooks to ARKK templates to cut the time it takes to prepare your reports to the absolute minimum.

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Award winning support

Our team is here to deliver the latest taxonomy information and fix any errors. Extra hours and short SLAs are available around reporting deadlines.

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Cut errors with roll-forward

No more re-keying data into new templates. This handy feature saves time and reduces the risk of mistakes creeping into each submission.

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Secure cloud-based portal

Our ISO 27001 certified portal gives you access to a single and secure destination for uploading, tracking, and accessing your files.

The information that came back from ARKK was so clear and transparent.

Kreeson Thatiha, Head of Finance and Client Money, eToro

I was continually reassured of ARKK's technology and their commitment to customer service.

Darryl Alford, Finance Manager, DPD

ARKK were prepared to be more flexible with how we worked and how we were set up.

Alistair McClelland, Head of Tax, The University of Edinburgh

Simply outstanding service and a real pleasure to work with.

Chris Parsons, Production Director, Radley Yeldar

ARKK are extremely responsive and supportive partners.

Janette Moriarty, Group Financial Reporting Director, Kerry Group

ARKK are invaluable to us… I wouldn't consider another project without them.

Valentin Ramousse, Head of International Business Development & Partner, Emperor Works

The speed and accuracy of implementation was incredible.

Akash Kalaiya, EMEA Tax Manager, Universal Weather and Aviation

Freshen up Payments
to Gov reporting

What is it?

Payments to Gov reporting: What you need to know

Our solution

Get Payments to Gov reporting sorted

ARKK supports
jurisdictions across
the globe, including: