PR19 - Taxation

We are in the process of developing our methodology for PR19. We plan to consult on our methodology in July 2017. To aid us in developing that methodology we are seeking advice and recommendations from the Contractors on the basis on which we should/could calculate future corporation tax allowances for regulated companies and the design and implementation of that future policy. The proposals for any changes to our methodology should demonstrate how they achieve Ofwat's objectives that they are in the best interests of customers. The proposals should also be straight forward to implement and the approach should be proportionate and consistent with the rest of the regulatory frame…