Business Details
UK Tax Compliance Strategy Framework
Shepherd is committed to maintaining the highest standards of tax compliance and ethical financial governance. Our approach prioritises transparency, risk mitigation, and adherence to UK tax obligations through robust accounting systems and expert oversight. The Group's tax strategy is guided by a dedicated team of professionals, including the Chief Financial Officer and external tax specialists, ensuring alignment with legislative requirements. We maintain open dialogue with tax authorities, promptly notifying them of significant business changes such as our recent demerger of Portakabin Limited. Our risk management framework includes regular system reviews, staff training, and external advisory engagement to uphold corporate integrity.The Group Board formally approves all tax strategies, reflecting our commitment to responsible corporate citizenship. We adopt a low-risk approach to tax planning, avoiding artificial structures while utilising legitimate incentives within the spirit of tax law. Our tax functions are supported by comprehensive risk registers addressing both compliance and corporate criminal offence legislation. This strategy document, first published in 2023 and updated following structural changes, demonstrates our ongoing dedication to tax governance excellence. We ensure continuous review and adaptation of our practices to maintain alignment with evolving regulatory expectations.
Services
Tax Strategy Development
Compliance Management
Risk Assessment
Tax Planning
Regulatory Reporting
Highlights and features
- We maintain HMRC-compliant tax strategies with transparent reporting practices
- Our team implements rigorous risk management frameworks for tax compliance
- We adopt a low-risk approach to tax planning within legislative spirit
- Our strategy includes regular system reviews and external tax specialist input
- We promptly notify authorities of significant business structural changes
Services
Tax Strategy Development
We create comprehensive tax strategies aligned with UK legislation and corporate objectives. Our approach balances commercial needs with ethical compliance, avoiding artificial tax arrangements. The strategy undergoes regular board review to maintain relevance following business changes.
Compliance Management
Our compliance framework ensures adherence to all UK tax obligations through robust accounting systems and periodic process reviews. We maintain detailed risk registers covering tax compliance and corporate criminal offence legislation requirements. Regular staff training ensures ongoing capability maintenance.
Risk Assessment
We implement structured risk mitigation measures including system reconciliations and external advisory engagement. Our low-risk approach prioritises corporate reputation, seeking HMRC clearance for uncertain tax positions. Risk assessments cover both direct and indirect tax exposures.
Tax Planning
Our tax planning considers transactional implications while utilising legitimate incentives within legislative spirit. We avoid contrived structures that might compromise corporate integrity. Planning activities align with board-approved risk parameters and ethical business practices.
Regulatory Reporting
We maintain transparent dealings with tax authorities through timely notifications of structural changes. Our approach includes proactive communication regarding significant business developments and collaborative engagement during regulatory reviews or investigations.
People
Gary Walton
Commercial Director
Approved the Group's tax strategy on behalf of the Board in April 2025. Oversees commercial operations and strategic decision-making within Shepherd.
Questions
What is Shepherd Building Group's tax strategy purpose?
Our tax strategy ensures compliance with UK tax obligations while maintaining ethical business practices. It provides a framework for responsible tax planning and transparent dealings with authorities.
How does the Group approach tax risk management?
We implement robust accounting systems, regular reconciliations, and staff training. We seek external advice for complex matters and maintain comprehensive tax risk registers covering compliance requirements.
What tax planning principles guide the business?
We adopt a low-risk approach, utilising legitimate tax incentives within legislative spirit. Our planning avoids artificial structures that might compromise corporate integrity or reputation.
How does the Group engage with tax authorities?
We maintain open dialogue with HMRC, promptly notifying them of significant business changes like our Portakabin demerger. Our approach prioritises transparency and cooperative engagement.
How often is the tax strategy reviewed?
The strategy undergoes continuous review, with formal updates approved by the Board. Recent revisions followed the Portakabin demerger, with publications in September 2023 and August 2024.
Who oversees tax compliance in the Group?
The Chief Financial Officer, supported by external tax specialists and the Financial Controller, manages tax compliance. The Group Board provides strategic oversight and approves all major tax decisions.
