We support a relationship with HM Revenue & Customs (HMRC) and regulatory bodies that is transparent and based on mutual trust and respect, enabling constructive dialogue and engagement with all.
Our tax services are provided according to these requirements and principles:
We act lawfully and honestly in our professional and business relationships, and we expect the same behaviours from our people and clients.
We recognise that our reputation is as important to our clients as it is to us. When providing tax services, we act in a way that will not bring the tax profession or our brand into disrepute.
We strictly adhere to PCRT guidelines, particularly its fundamental principles: integrity, objectivity, professional competence and due care, confidentiality, and professional behaviour.
We do not advise clients on tax arrangements which seek to evade tax, contain a dishonest intention not to pay the tax lawfully due or possess the elements of tax fraud. We are engaged with HMRC, professional bodies and other stakeholders to curb these behaviours, benefitting society as a result.
We comply with all applicable disclosure requirements, particularly the GAAR, DOTAS and DASVOIT. We do not encourage or promote tax planning arrangements or structures that are contrary to Parliament’s intent or are artificial or contrived and seek to exploit shortcomings in the relevant legislation.
We recognise that transactions or structures can have a commercial basis but still be open to challenge by HMRC. Keeping our clients informed of any increased risks allows us to support our clients in their purpose and their decision-making process in tax matters.
A relationship of mutual trust and transparency is only possible if we take an ethical approach to our work. A policy of full disclosure means that we earn and maintain the trust of our clients and HMRC. We adhere to the HMRC Standard for Agents so that our work meets the expectations of HMRC as well as our clients.
The Finance Act 2016 introduced the requirement for businesses like ours to publicise their tax strategies as from the end of the 2018 financial year. The tax strategy sets out:
Download our strategy to read more [ 925 kb ]
Grant Thornton UK LLP recognises that 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.
