Barnes Cars London Tax Strategy & Governance
Read Barnes Cars London’s tax strategy: full compliance with UK tax law, low-risk approach, and transparent relationship with HMRC.
Barnes Cars Ltd – Tax Strategy
This Tax Strategy document outlines the approach of Barnes Cars London (“the Company”) to the management of its tax affairs and compliance with UK tax law. The strategy applies to all taxes applicable to the Company and is published in accordance with Schedule 19 of the Finance Act 2016.
1. Commitment to Compliance
Barnes Cars London is fully committed to complying with all UK tax laws and regulations. We ensure that all taxes — including Corporation Tax, VAT, PAYE, and any other applicable taxes — are calculated, reported, and paid on time.
We aim to:
- Comply with all relevant tax legislation and HMRC requirements
- Maintain accurate and complete tax records
- File all tax returns within statutory deadlines
- Pay the correct amount of tax at the right time
2. Approach to Tax Risk
We adopt a low-risk approach to tax management. The Company does not engage in any artificial tax arrangements or aggressive tax planning.
Tax risks are assessed and managed in a way that ensures:
- Compliance with both the letter and spirit of UK tax law
- Transparency with HMRC
- Proper documentation and internal control over financial processes
Where there is uncertainty in interpreting tax law, we seek advice from qualified external tax professionals to ensure accuracy and compliance.
3. Governance and Responsibility
The overall responsibility for the Company’s tax strategy lies with senior management. Day-to-day management of tax matters is handled by the finance team, who ensure compliance through established controls and processes.
All tax filings and payments are reviewed and approved by management before submission.
4. Relationship with HMRC
Barnes Cars London is committed to maintaining a transparent, professional, and cooperative relationship with HMRC.
We will:
- Engage with HMRC in a timely and respectful manner
- Provide full disclosure where required
- Work collaboratively to resolve any issues or queries
We do not take positions on tax matters that could be considered contrary to the intentions of Parliament or unsubstantiated under UK law.
5. Attitude to Tax Planning
Our approach to tax planning is prudent and commercially driven. We only make use of government-approved reliefs and incentives that align with our genuine business activities — such as those encouraging investment, employment, or environmental responsibility.
We do not participate in tax schemes designed primarily to avoid tax obligations.
6. Transparency and Review
This tax strategy is reviewed annually by management to ensure ongoing compliance with legislative changes and best practices. Any significant updates are published on our website.
Conclusion
Barnes Cars London is dedicated to acting as a responsible taxpayer, ensuring that all tax obligations are met with integrity and professionalism. We believe that tax transparency and ethical business practices contribute to our long-term success and trust with customers, employees, and stakeholders.
Contact Information
For any inquiries regarding this Tax Strategy, please contact:
📧 Email: booking@barnescarsltd.com
📞 Phone: 020 8876 6666
📍 Registered Office: Barnes, London, SW13 0HT