Your Accountant UK Tax Strategy
Last updated: October 2025
This document sets out the UK Tax Strategy for Your Accountant Ltd (“Your Accountant”, “we”, “us”, “our”), in accordance with paragraph 16(2) of Schedule 19 to the Finance Act 2016.
It applies to all UK operations and subsidiaries of the Your Accountant group and is approved by the company’s board of directors.
1. Introduction
Your Accountant is a UK-based accounting firm providing tax, compliance, and advisory services to individuals, sole traders, and small to medium-sized businesses.
We are committed to conducting all our tax affairs transparently, responsibly, and in full compliance with UK tax law.
Our tax strategy reflects our commitment to:
Acting with integrity in all tax matters;
Managing tax risks proactively;
Complying fully with HMRC and all relevant legislation;
Supporting clients with accurate, ethical tax advice.
2. Governance and Responsibility
Responsibility for the company’s tax strategy and compliance rests with the Board of Directors.
Day-to-day management of tax matters is delegated to qualified professionals within our finance and compliance teams.
We maintain:
Clear reporting lines and defined responsibilities for tax matters;
Regular reviews of our tax position by external advisors (where necessary);
Ongoing monitoring to ensure that our policies and processes remain aligned with changes in UK tax law.
Any significant tax issue or risk is escalated to the Board for review and approval.
3. Tax Risk Management
Your Accountant has a low tolerance for tax risk.
We identify, assess, and manage tax risk through internal controls and documented procedures that ensure:
All tax filings and payments are accurate and on time;
Complex transactions are reviewed by qualified professionals;
We seek external advice when required, particularly for new or unusual matters;
Appropriate training and oversight are maintained across all staff involved in tax-related activities.
Where uncertainty arises, we consult with HMRC or external advisors to confirm the correct treatment.
4. Approach to Tax Planning
We adopt a responsible and transparent approach to tax planning.
Our focus is on ensuring tax efficiency while remaining fully compliant with both the letter and spirit of UK tax law.
We do not engage in artificial or aggressive tax avoidance schemes.
All planning and structuring decisions are based on genuine commercial purposes and are intended to support the sustainable growth of our business.
We ensure:
Tax positions are consistent with HMRC guidance and relevant case law;
All available reliefs and incentives are used responsibly and only where intended by legislation.
5. Attitude Toward Tax Risk
We maintain a low risk appetite in relation to UK taxation.
Our objective is to comply with all tax obligations while ensuring certainty and transparency in our affairs.
To achieve this:
All material transactions are reviewed for tax implications before execution;
Appropriate documentation is maintained for audit and review purposes;
We continuously improve internal processes to reduce tax-related risk.
6. Relationship with HMRC
We seek to maintain a positive, open, and professional relationship with HMRC, based on:
Full disclosure and transparency;
Prompt cooperation and correspondence;
Early engagement where clarification is required;
Timely resolution of queries or disputes.
We aim to deal with HMRC in a constructive and collaborative manner at all times.
7. Compliance and Reporting
Your Accountant is committed to meeting all tax compliance and reporting obligations, including:
Corporation tax, PAYE, and VAT;
National Insurance and payroll reporting;
Client-related submissions and filings;
Timely payment of all taxes due.
We use robust accounting systems and periodic reviews to ensure that filings are accurate and deadlines are met.
8. Training and Awareness
We promote a culture of tax compliance throughout our organisation.
All relevant employees receive:
Regular updates on UK tax law and policy changes;
Training on professional ethics and standards;
Guidance on risk awareness and escalation procedures.
This ensures consistent understanding and implementation of our tax strategy across all operations.
9. Review and Publication
This UK Tax Strategy is reviewed annually by the Board of Directors to ensure it remains aligned with our values, operations, and regulatory requirements.
It is published on our website and available to HMRC as required by law.
