Approach to tax planning and level of tax risk
We will claim tax deductions or credits which are due to us under the law, and where they arise as a consequence of the Group's normal commercial operations.
The Group aims to pay the amount of tax legally due. There are likely to be circumstances where this amount may not be clearly defined, or where alternative interpretations or approaches might result in different tax outcomes. In these circumstances, the Group will use its best judgement to determine the appropriate course of action. This will usually involve seeking advice from external professional advisors.
The Group will not enter into transactions that have a main purpose of gaining a tax advantage or intentionally make interpretations of tax law that are opposed to the original intentions of the legislation.