Integrity. Quality. Reliability. These three words are at the heart of our approach - for our clients, and also for ourselves.
The Finance Act 2016 introduced the requirement for businesses like ours to publicise their tax strategies by the end of the 2018 financial year. We fully support such initiatives and believe that firms sharing their approach to tax can promote widespread transparency, build trust and benefit society as a whole. Transparency can also advance the creation of a simple, transparent tax regime that is applied consistently. The tax strategy sets out:
- the firm’s approach to risk management and governance in relation to UK taxation
- the firm’s attitude towards tax planning (so far as affecting UK taxation)
- the level of risk in relation to UK taxation that the firm is prepared to accept
- the firm’s approach towards its dealings with HMRC
Preventing the facilitation of tax evasion
Grant Thornton UK LLP recognises UK or foreign tax evasion, and its facilitation, are serious criminal offences. We have a policy of zero tolerance towards tax evasion and its facilitation in line with the firm’s code of conduct, our tax principles and tax strategy. Our people, and those who provide services on our behalf, are required not to do anything which criminally facilitates tax evasion. Those providing services on our behalf should also comply, as appropriate, with the expectations outlined in our policy.
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