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</header> <div class="wrap" role="document"> <div class="content"> <main class="main"> <header class="hero"> <div class="container page-header text-center pt-6 pb-3"> <div class="fittext"> <div> <h1>UK Tax Policy</h1> </div> </div> </div> </header> <div class="container content-wrapper"> <p>George P. Johnson UK Ltd (GPJ) is a privately owned, experience marketing agency. The principal activities of GPJ are branded environments, design, exhibitions, conferences, event production and fabrication.</p> <p>GPJ’s UK Tax Policy has been approved by the UK Leadership team and will be reviewed annually and updated as appropriate.</p> <h4>Compliance</h4> <p>GPJ complies with UK tax law and practice. Compliance for us means paying the right amount of tax in the right place at the right time and involves disclosing all relevant facts and circumstances to HMRC and claiming reliefs and incentives where available.</p> <h4>Governance</h4> <p>Responsibility for the management of UK Taxes falls under the remit of the UK Finance Director of GPJ who has all the necessary experience and qualifications to fully accommodate the requirements of their respective positions and obligations.</p> <p>The UK Finance Director works with external advisors to ensure the continuation of appropriate practice such that GPJ complies with UK tax legislation and satisfies tax reporting payment obligations in the UK.</p> <h4>Risk Management</h4> <p>UK tax risks will inevitably arise from time to time in relation to the interpretation of tax law and nature of our compliance arrangements. We proactively seek to identify, evaluate, manage and monitor tax risks to ensure they remain in line with GPJ’s approach to tax. Where there is significant complexity in relation to a UK tax risk, external advice would be sought.</p> <p>UK Leadership meetings are held regularly, in which where there are updates on significant UK tax risks and any relevant developments in these areas. Significant changes in tax policy require UK Leadership approval.</p> <h4>Tax planning</h4> <p>We may engage in tax planning to structure operations in a tax efficient manner. Tax planning is driven by business goals and commercial objectives with a focus on ensuring that, in meeting these goals and objectives, the taxes paid reflect the functions performed (i.e. is grounded in commercial and economic reality), assets held and risks undertaken by GPJ UK. We would not consider any tax planning which involves contrived or artificial arrangements.</p> <h4>Relationship with HMRC</h4> <p>We engage HMRC with honesty, integrity, respect and fairness and in a spirt of co-operative compliance. We are prepared to litigate where we disagree with a ruling or decision of a HMRC but will first seek to resolve any disputed matters through pro-active and transparent discussion and negotiation.</p> <p>The publication of this UK Tax Policy is regarded as complying with the statutory obligation under Paragraph 19(2), Schedule 19, Finance Act 2016. 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