v3.23.3
Tax On Profit On Ordinary Activities - Rate Reconciliation (Details) - GBP (£)
£ in Thousands
 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]      
Profit on ordinary activities before taxation £ 114,163 £ 102,379 £ 54,368
Profit on ordinary activities at U.K. statutory rate 23,403 19,452 10,330
Differences in overseas tax rates (267) (2,467) (1,150)
Impact of share-based compensation 1,390 1,223 897
Non taxable fair value movement on financial liabilities (2,430) 0 0
Tax incentives and non deductible items (867) (1,359) 201
Adjustments related to prior periods (354) (502) (300)
Tax on unremitted earnings/withholding tax on dividends 1,209 2,876 852
Impact of rate change on deferred tax (2,084) 63 88
Total tax expense (income) £ 20,000 £ 19,286 £ 10,918
Reconciliation of average effective tax rate and applicable tax rate [abstract]      
Applicable tax rate 20.50% 19.00% 19.00%
Differences in overseas tax rates (0.20%) (2.40%) (2.10%)
Impact of share-based compensation 1.20% 1.20% 1.50%
Non taxable fair value movement on financial liabilities (2.10%) 0.00% 0.00%
Tax incentives and non deductible items (0.80%) (1.30%) 0.40%
Adjustments related to prior periods (0.30%) (0.50%) (0.60%)
Tax on unremitted earnings/withholding tax on dividends 1.10% 2.80% 1.60%
Impact of rate change on deferred tax (1.80%) 0.10% 0.20%
Total 17.50% 18.80% 20.10%