TAX STRATEGY

This tax strategy covers the activities of the trading entity and its parent company.

The tax strategy is reviewed annually and this version was approved by the Board of Directors in September 2025. It sets out the Group’s conduct regarding its tax affairs and tax risk appetite. The Group is committed to transparent, compliant, and responsible tax management. Our tax strategy is governed by the following principles:

1) Compliance with Tax Law

All taxes are calculated, reported, and paid in accordance with UK law.
The Group will not engage in artificial tax avoidance or aggressive tax planning.

2) Risk Management

Tax risks are identified, assessed, and mitigated through internal controls and regular monitoring.
High-risk transactions or uncertain positions are reviewed by senior management, the Board and external advisors where necessary.

3) Governance and Accountability

Responsibility for tax compliance is assigned to trained personnel, with clear reporting lines to the Chief Financial Officer and the Board.
The Senior Accounting Officer (SAO) ensures adequate tax accounting arrangements are in place and will provide an annual certificate to HMRC.

4) Transparency and Reporting

The Group will disclose its tax strategy and approach on its website, in accordance with the Finance Act 2016, schedule 19 and applies to Howard Garages (Weston) Limited and its parent company Howard Garages Group Limited.
Significant tax decisions are documented and reported to the Board.

5) Engagement with HMRC

The Group undertakes to submit fair and accurate returns in a timely manner.
The Group is committed to open, timely, and constructive engagement with HMRC with co-operative compliance and willingness to disclose uncertainties proactively.
Any disputes or clarifications with HMRC are addressed promptly and professionally.

6) Continuous Improvement

Tax processes, controls, and governance frameworks are periodically reviewed and updated to reflect legislative changes and evolving business operations.

7) Consistency with Group strategy

All tax decisions will be made in a manner consistent with the Group’s overall strategy and business decisions are not made without a review of tax consequences.