UK Corporate Tax Strategy
Our approach to tax governance, risk management, and compliance in the United Kingdom.
Introduction
This document sets out the tax strategy of Spicure UK Limited and its UK subsidiaries. It is published in accordance with paragraph 16(2) of Schedule 19 to the Finance Act 2016 and applies for the financial year ending December 31, 2023.
Spicure is committed to conducting its tax affairs in a way that:
- Complies with all relevant laws, regulations, and reporting requirements
- Applies diligence and care in our management of tax risks
- Maintains an open and transparent relationship with tax authorities
- Considers the tax impact of business decisions as part of our overall governance framework
Tax Risk Management and Governance
Responsibility for the tax strategy, the supporting governance framework, and management of tax risk ultimately sits with the Chief Financial Officer and the Board of Directors.
Day-to-day management of Spicure's UK tax affairs is delegated to the UK Finance Director, who is supported by a team of qualified in-house tax professionals.
We maintain robust internal processes and controls to ensure we meet our tax compliance obligations and manage tax risk effectively. These processes are subject to regular review and testing as part of our broader risk management framework.