The UK Tax Strategy applies for the period ending 31 December 2019 to all companies controlled directly or indirectly by Arcadis UK (Holdings) Limited, Hyder Consulting Group Holdings Limited and Arcadis Cognitive Holdings Limited. It also applies to Arcadis LLP.
The UK tax Strategy is based on the Global Tax Principles of Arcadis NV, which is published on the Arcadis NV website
UK taxable profits are recognised in the UK, in accordance with domestic and international tax rules and standards (such as OECD Guidelines) and applying the arm's length principle.
Arcadis UK complies with its statutory obligations and pays its tax on time. Through a strong track record of good compliance and transparency and by demonstrating willingness to give all necessary disclosure, we seek to build good, honest and open working relationships with tax authorities. Arcadis aims to comply with both the letter and spirit of UK law. Arcadis UK also works closely with external advisers to ensure compliance with all tax obligations.
Arcadis UK has a strong control environment around tax accounting and seeks to monitor and manage its tax risks appropriately. Our approach to tax is reviewed regularly by our internal risk team as part of the wider control framework. Arcadis UK makes appropriate tax related disclosures in its published financial statements in accordance with the relevant domestic regulations (IFRS, FRS101 or FRS102).
Arcadis UK seeks to minimise UK tax risk wherever possible and aims to maintain a “low” risk rating through its relationship with HM Revenue & Customs. Specifically, Arcadis UK does not seek to avoid tax through the use of secrecy jurisdictions or so-called ‘tax havens’ without commercial substance.
The ultimate responsibility for UK tax compliance rests at UK board level with the Chief Financial Officer. In addition, the UK Head of Tax reports in to the Global Head of Tax to ensure compliance with our Global Tax Principles.