The Watling Group has a constructive and transparent relationship with Her Majesty’s Revenue & Customs (HMRC).
The Watling Group pays a substantial amount of tax in the UK, through direct taxation and through the collection of employment taxes and social security contributions from its employees. The publication of this Watling Group tax strategy complies with Schedule 19 of Finance Act 2016.
Core to this policy, is a commitment to conducting our tax affairs in accordance with all relevant tax laws and practices. As such, Watling JCB Limited does not tolerate any form of tax evasion or the facilitation of tax evasion.
WHAT IS TAX EVASION?
The deliberate and dishonest failure by a taxpayer to declare and pay the correct amount of tax. This is a criminal offence.
WHAT IS THE CRIMINAL FACILITATION OF TAX EVASION?
The deliberate and dishonest provision of assistance to a taxpayer to commit tax evasion. This is also a criminal offence.
WATLING JCB EMPLOYEES’ ACTIONS
All Watling Employees are required to avoid any activities that might lead to, or suggest, that Watling JCB Limited is involved in tax evasion or the facilitation of tax evasion.
In particular Watling Employees must not:
- Make or submit any declarations whatsoever (either written or verbal) to any tax or customs authority without consulting with and obtaining the approval of the Finance Director and the Managing Director, Watling JCB Limited.
- Engage in discussions or negotiations with other Watling Employees or third parties in matters relating to the reduction of taxation (including duties) without consulting with the Finance Director and the Managing Director, Watling JCB Limited.
Where a Watling Employee is approached by another Watling Employee, JCB dealer, supplier or other third party to discuss taxation matters (and in particular the reduction in taxation liabilities), the Watling Employee should notify the Finance Director and the Managing Director, Watling JCB Limited immediately.