This document, as approved by The Guild group’s statutory director and senior management, sets out its policy to dealing with its tax affairs and associated risks pursuant to its duty under Schedule 19 of the Finance Act 2016.
The Guild group, its Senior Accounting Officer and its advisers will review its tax strategy periodically and update this document accordingly. This tax strategy is effective for the year ending 30 April 2021.
The Guild group has operated since 1997, focusing on employment status compliance. The Guild group operates exclusively in the UK.
The Guild group conducts its tax affairs consistently with its core principles wherever it operates, to:
Managing tax affairs is a challenging and complex process for any business and as such there may potentially be risks of error in the calculation of returns. To that end, The Guild group assesses potential tax risks on a case-by-case basis, in particular paying care and attention to the likelihood of a risk occurring and the scale of its potential impact on The Guild group, the legal and fiduciary duties of its staff and statutory director, and its corporate reputation. This approach allows The Guild group to manage risk proportionately and effectively.
The Guild group employs internal tax and legal advisers and also retains the services of a wide range of external professional advisers. Where there is uncertainty over the application and effect of any given tax law, The Guild group seeks specialist external advice to enable it to arrive at a well-reasoned conclusion.
It holds regular audits, conducted by tax specialists, to assess its procedures and ensure robust compliance with the tax code.
Signed on behalf of The Guild group.
(Senior Accounting Officer)