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Freshen up Payments
to Gov reporting

De-stress regulatory compliance with XBRL and
XML conversions at the click of a button.

Let our close relatio­nships with regulators lighten your compliance load. Our cloud-based portal makes sure you’re always compliant by instantly implementing regulatory changes behind the scenes. So there’s no need for you
 to worry about system updates or software downloads.

What is it?

Payments to Gov reporting: What you need to know

In a nutshell, Payments to Governments reporting refers to the disclosure requirements for companies, particularly those in the extractive industries (such as oil, gas, and mining), to publicly report payments made to governments.

What is Payments to Governments reporting?

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.

Our solution

Get Payments to Gov reporting sorted

Total Payments to Gov coverage

The ARKK regulatory reporting portal takes care of all your Payments to Gov XML conversions.

ARKK supports multiple EU and UK jurisdictions

  • Andorra
  • Austria
  • Belgium
  • Cyprus
  • Denmark
  • Finland
  • France
  • Germany
  • Gibraltar
  • Greece
  • Iceland
  • Ireland
  • Italy
  • Liechtenstein
  • Malta
  • Netherlands
  • Norway
  • Portugal
  • Sweden
  • UK
ARKK supports 20+ EU and UK jurisdictions

How can ARKK help me?

ARKK gets Payments to Gov reporting done and dusted

  • Your portal is automatically updated with the latest compliance templates, giving you peace of mind every time you submit a report.

  • Our reporting templates exactly match Payments to Gov requirements, so you can rest assured your submissions are compliant.
  • Built-in audit trails and version controls take the time and effort out of following the regulators’ guidelines – putting you in control.

  • Automated validation and consistency checks cut out validation errors, giving you confidence your submissions are pin-point accurate.

Why choose ARKK?

Simple, compliant, error-free reporting

At ARKK, we believe that agile digital tech, plus traditional human expertise, is the perfect combination to ease our customers' compliance burdens. With our scale, experience and can-do attitude in your corner, your business can take the hassle out of intricate and complex regulatory reporting.

Streamline Payments to Governments reporting with ARKK

Cover all the use cases

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.

Maintain compliance

Keep up with the latest regulatory and reporting guidelines with built-in audit trails and version controls.

Automate validation

The regulators' own consistency checks are embedded in the ARKK portal to keep your reporting processes smooth.

Use familiar Excel-based templates

Work with the same features in your regulatory reporting that you use in a regular workbook. No need to learn new skills- just get cracking!

Save time and money

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

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.

Yay- hassle-free implementation

There's no limit on how many users can access your ARKK portal (if you want them to) and no software to install- everything runs securely in the cloud.

Enjoy award-winning support

Our acclaimed customer success team is here to help you fix any submission or validation errors. Additional hours and short SLAs are guaranteed around reporting deadlines.

 

Keep up to date

Our customer success team's got your back: managing your account and users, and delivering taxonomy update information to ensure you're always ready for the next reporting phase.

Get the ARKK advantage

Discover why our fresh approach to tax and finance is trusted by over 70% of the FTSE 100.

Learn more about ARKK

Don't just take our word for it...

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

Kreeson Thatiha, Head of Finance and Client Money, eToro

eToro

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

Darryl Alford, Finance Manager, DPD

DPD logo

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

UOE blue

Simply outstanding service and a real pleasure to work with.

Chris Parsons, Production Director, Radley Yeldar

RY

ARKK are extremely responsive and supportive partners.

Janette Moriarty, Group Financial Reporting Director, Kerry Group

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

Emperor

The speed and accuracy of implementation was incredible.

Akash Kalaiya, EMEA Tax Manager, Universal Weather and Aviation

UA

The numbers behind ARKK

20+ UK & EU jurisdictions supported
>1% margin for error
2.63 average no. of responses to resolution

Fancy a chat?

Let’s get a date in the diary to talk about freshening up your tax and compliance reporting.

Fill out the form opposite and we'll get right back to you.