v3.24.3
Tax On Profit On Ordinary Activities - Rate Reconciliation (Details) - GBP (£)
£ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]      
Profit on ordinary activities before taxation £ 26,980 £ 114,163 £ 102,379
Profit on ordinary activities at U.K. statutory rate 6,745 23,403 19,452
Differences in overseas tax rates (5,094) (267) (2,467)
Impact of share-based compensation 4,182 1,390 1,223
Non taxable fair value movement on financial liabilities (2,338) (2,430) 0
Tax incentives and non deductible items (663) (867) (1,359)
Adjustments related to prior periods 2,760 (354) (502)
Tax on unremitted earnings/withholding tax on dividends 2,373 1,209 2,876
Impact of rate change on deferred tax 1,893 (2,084) 63
Total tax expense (income) £ 9,858 £ 20,000 [1] £ 19,286 [1]
Reconciliation of average effective tax rate and applicable tax rate [abstract]      
Applicable tax rate 25.00% 20.50% 19.00%
Differences in overseas tax rates (18.90%) (0.20%) (2.40%)
Impact of share-based compensation 15.50% 1.20% 1.20%
Non taxable fair value movement on financial liabilities (8.70%) (2.10%) 0.00%
Tax incentives and non deductible items (2.50%) (0.80%) (1.30%)
Adjustments related to prior periods 10.20% (0.30%) (0.50%)
Tax on unremitted earnings/withholding tax on dividends 8.80% 1.10% 2.80%
Impact of rate change on deferred tax 7.00% (1.80%) 0.10%
Total 36.50% 17.50% 18.80%
[1] (1)The presentation of the Consolidated Statement of Cash Flows has been changed to separately present the repayment of lease interest from the total repayments of lease liabilities