Imprint

BayWa r.e. UK company information

BayWa r.e. UK Limited
Managing Director: Christine McGregor, John Milligan
Registered Address: 22 Chancery Lane, London, WC2A 1LS
UK Company number 07538870
VAT number GB 352 3638 04

BayWa r.e. Operation Services Limited 
Managing Director: Morgan Harris
Suite 7, Aurora House, Deltic Avenue, Rooksley
Milton Keynes MK13 8LW
United Kingdom
Registered in England and Wales I Company no: 8851465

BayWa r.e. Group UK Activities Tax Strategy

The following information represent the publication of the BayWa r.e. Group’s tax strategy in respect of UK activities in the current financial year. The tax strategy is approved by the head of the Group which regards the publication of this tax strategy as complying with the duty under paragraph 16(2) of Schedule 19 of the Finance Act 2016

Openness with the UK tax authorities through transparency and cooperation are central to the BayWa Group’s approach to tax compliance in the UK.

Governance and management of tax risks

The principal risk for the Group’s individual entities is non-compliance with tax legislation through oversight or error.

To mitigate this, employees dealing with routine transactions are suitably qualified, for example as Chartered Accountants. Corporation tax returns are prepared by external professional advisors and are reviewed internally by the finance team in each entity. Significant or unusual transactions are advised on by an external expert where appropriate and approved by a director and the Senior Accounting Officer of the relevant entity.

Appropriate documentation is maintained in order to comply with tax legislation and as required to ensure good corporate governance.

External advice is routinely sought where the internal finance teams are unfamiliar with the nature of the tax implications of a transaction or with new legislation.

Viewing the Group as a whole, the main risk is that non-compliance arises as a result of a lack of coordination between entities.

To mitigate this, the Group has established a UK Tax Group comprising of the persons responsible for tax for entities with a taxable presence in the UK. Quarterly conference calls are attended by all the UK Tax Group managers and tax risks are discussed. The relevant outcomes of the meetings are communicated to the Group’s HMRC customer relationship manager.

Tax planning

The primary consideration for the Group is commercial viability. Tax planning aims to support the commercial viability of the entities by ensuring that transactions are tax efficient whilst complying with all relevant laws and legislation. The Group seeks external advice in relation to all new projects and material or unusual transactions primarily to ensure full compliance with legislation.

The Group seeks to mitigate its tax burden by claiming reliefs and allowances available to it. It does not pursue high-risk tax structuring.

Acceptable risk

The BayWa Group has a low threshold regarding acceptable tax risk. The Group’s aim is to minimise and mitigate tax risk so far as is reasonably possible.

Relationship with HMRC

The BayWa Group aims to maintain the highest level of transparency in its dealings with HMRC and seeks to cooperate fully with a view to ensuring it remains fully compliant with relevant legislation.

The Group’s policy is full cooperation with and disclosure to HMRC should any instances of non-compliance be identified. The group regularly seeks advice from the group’s HMRC customer relationship manager and delegated specialists in respect of unusual transactions where higher risks arise.

Photo credits :

Happy team: /en © Jonas Nefzger

BESS Project: /en © Sebastian Dürst

Operators on top of a wind turbine: /en/how-we-can-help-you/investor-and-asset-manager © Christian Frumolt

Purple flowers infront of a solar panel: /en/how-we-can-help-you/investor-and-asset-manager © Daniel Posner

A wind park field with cows: /en/how-we-can-help-you/landowner © BayWa r.e.

Group of people walking with BayWa r.e. vests: /en/how-we-can-help-you/local-authority-and-community © Thomas Friedl / Nicolas Königseder

Solar panels from above: /en/how-we-can-help-you/local-authority-and-community © BayWa r.e.

Two operators tightening their gear: /en/how-we-can-help-you/local-authority-and-community © Christian Frumolt

Group of happy children: /en/how-we-can-help-you/local-authority-and-community © BayWa r.e. UK

Farmer walking in between solar panels: /en/our-activities/land-lease © Jan Röder

Aerial view of a solar farm : /en/our-activities/land-lease © Commission Air

Wind farm in a field: /en/our-activities/land-lease © BayWa r.e.

Aerial view of a field and a solar farm: /en/our-activities/land-lease © Alexander Sauer

Close-up of a row of solar panels: /en/our-activities/investment-options © Eventureline/Manuel Ujcic

Happy team of employees: /en/our-activities/investment-options © Jonas Nefzger

Solar panels on a grass field: /en/our-activities/investment-options © Nicola Bilancio

View from on top of a wind turbine: /en/our-activities/investment-options © Eddie Safarik

Worker in between solar panels: /en/our-activities/asset-operations © Jan Roeder

Operators doing maintenance works for solar panels: /en/our-activities/asset-operations/operation-and-maintenance © Christian Frumolt

Close-up of operators working on a solar panel: /en/our-activities/asset-operations/operation-and-maintenance © Kay Ransom Photography

Solar panel maintenance worker: /en/our-activities/asset-operations/operation-and-maintenance © Kay Ransom Photography

Solar panel maintenance work close-up: /en/our-activities/asset-operations/operation-and-maintenance © Christian Frumolt

Operators setting up solar panels: /en/our-activities/asset-operations/operation-and-maintenance © Christian Frumolt

Operator at a solar park: /en/our-activities/asset-operations/technical-asset-management © Christian Frumolt

Operators on top of a wind turbine: /en/our-activities/asset-operations/technical-asset-management © Christian Frumolt

View over wind turbines on a field: /en/our-activities/asset-operations/technical-asset-management © Christian Frumolt

Close-up of operators on top of a wind turbine: /en/our-activities/asset-operations/technical-asset-management © Christian Frumolt

Electricity works: /en/our-activities/asset-operations/technical-asset-management © Christian Frumolt

Close-up maintenance work on solar panels: /en/our-activities/asset-operations/technical-asset-management © Christian Frumolt

Employees in a meeting: /en/our-activities/asset-operations/commercial-asset-management © Jonas Nefzger

Employees working at an office: /en/our-activities/asset-operations/commercial-asset-management © Jonas Nefzger

Ground-level image of solar panels: /en/our-activities/asset-operations/solar-repowering © Sylvio Kaczmarek / Videowerft

Aerial image of a solar park: /en/our-activities/power-purchase-agreements © Commission Air

Solar panels: /en/our-activities/power-purchase-agreements © BayWa r.e.

Wind turbines in a field: /en/our-activities/project-planning-and-realisation © Jose Vega-Lozano

Operators on top of a wind turbine: /en/our-activities/project-planning-and-realisation © Christian Frumolt

Happy employees: /en/our-activities/project-planning-and-realisation © Jonas Nefzger

Workers on a field: /en/our-activities/project-planning-and-realisation © BayWa r.e.

Happy family walking in a field: /en/our-activities/project-planning-and-realisation © Gettyimages.com/Halfpoint

Solar park from above: /en/our-activities/project-planning-and-realisation © Commission Air

Aerial view of a solar park: /en/our-activities/project-planning-and-realisation © BayWa r.e.

Solar farm on a field: /en/our-activities/project-planning-and-realisation © BayWa r.e.

Sheep in between solar panels: /en/technologies/solar © Daniel Posner

Aerial image of a solar park: /en/technologies/solar/ground-mounted-solar © BayWa r.e.

Solar panels: /en/technologies/solar/ground-mounted-solar © Alexander Sauer

Rows of solar panels: /en/technologies/solar/ground-mounted-solar © BayWa r.e.

Floating-PV installation: /en/technologies/solar/floating-pv © Media Heerenveen

Aerial image of floating-PV: /en/technologies/solar/floating-pv © Media Heerenveen

Floating-PV: /en/technologies/solar/floating-pv © Media Heerenveen

Close-up of floating-PV: /en/technologies/solar/floating-pv © Paul Langrock

Close-up of fruit cultivating agri-PV: /en/technologies/solar/agri-pv © Fotopersburo Heerenveen

Interspace PV: /en/technologies/solar/agri-pv © BayWa AG

Overhead PV: /en/technologies/solar/agri-pv © BayWa r.e.

Wind farm: /en/technologies/wind © Jose Vega-Lozano

Wind turbines: /en/technologies/wind/onshore-wind © Eddie Safarik

Onshore Wind: /en/technologies/wind/onshore-wind © Jose Vega Lozano

Image of the top of a wind turbine: /en/technologies/wind/onshore-wind © Christian Frumolt

Offshore wind: /en/technologies/wind/offshore-wind © Unsplash / Nicholas Doherty

Aerial view of an offshore wind farm: /en/technologies/wind/offshore-wind © gettyimages.com/Mischa Keijser

Offshore wind turbines: /en/technologies/wind/offshore-wind © American Wind Energy Association

Hybrid project with wind and battery energy storage: /en/technologies/hybrid-projects © BayWa r.e.

Hybrid projects with wind and solar energy: /en/technologies/hybrid-projects © BayWa r.e.

Operator in a hybrid park: /en/technologies/hybrid-projects © getty images /Jacobs Stock Photography Ltd

Battery Energy Storage System: /en/technologies/battery-energy-storage-systems © Sebastian Dürst

Close up of a BESS installation: /en/technologies/battery-energy-storage-systems © Sebastian Dürst

BESS project: /en/technologies/battery-energy-storage-systems © BayWa r.e.

Aerial view of a solar park: /en/technologies/battery-energy-storage-systems © BayWa r.e.

Drone view of a hybrid park with wind turbines and solar panels: /en/about-us/company-information © Christian Frumolt

Drone view of a tractor on a field: /en/about-us/company-information © BayWa AG

Solar panels from above: /en/about-us/independent-power-producer © Eventureline/Manuel Ujcic

Close up image of a solar panel: /en/about-us/independent-power-producer © Maciej Margas

Aerial view of a ground-mounted pv project: /en/about-us/independent-power-producer © Jan Roeder

Ground-mounted PV project: /en/about-us/independent-power-producer © BayWa r.e.

Wind turbine: /en/about-us/independent-power-producer © BayWa r.e.

Aerial view of a ground-mounted pv project: /en/about-us/independent-power-producer © BayWa r.e.

Wind turbines and nature: /en/about-us/independent-power-producer © Karsten Enderlein

Wind turbines in a field: /en/about-us/independent-power-producer © Christian Frumolt

Happy group of employees: /en/about-us/diversity-equity-and-inclusion © Jonas Nefzger

Happy employee giving a presentation: /en/about-us/diversity-equity-and-inclusion © welcome to the jungle

Holding hands: /en/about-us/diversity-equity-and-inclusion © gettyimages.com/kieferpix

Employees in a brainstorm session: /en/about-us/diversity-equity-and-inclusion © istock / scyther5

Safety gear: /en/about-us/health-and-safety © Christian Frumolt

Team meeting: /en/about-us/health-and-safety © Jonas Nefzger

Operators in a wind farm: /en/about-us/accreditations-and-memberships © Christian Frumolt

Purple flower and bumblebee: /en/about-us/sustainability/ © Daniel Posner

Branch with green leaves: /en/about-us/sustainability/ © Wolfgang Gasser

Sheep in a field: /en/about-us/sustainability/ © Daniel Posner

Socializing employees: /en/about-us/sustainability/ © Jonas Nefzger

Crowd at an event: /en/about-us/events/ © BayWa r.e.

Onshore wind project: /en/local-projects/commissioned-projects/bann-road © BayWa r.e.

Onshore wind project: /en/local-projects/commissioned-projects/bishopthorpe © Jose Vega-Lozano

Ground-mounted PV project: /en/local-projects/commissioned-projects/bracks © BayWa r.e.

Windfarm construction: /en/local-projects/commissioned-projects/broken-cross © BayWa r.e.

Onshore wind project: /en/local-projects/commissioned-projects/cotton-farm © Jose Vega-Lozano

Onshore wind project: /en/local-projects/commissioned-projects/dalquhandy © BayWa r.e.

Onshore wind project: /en/local-projects/commissioned-projects/druim-leathann © BayWa r.e.

Onshore wind project: /en/local-projects/commissioned-projects/earls-hall © Jose Vega-Lozano

Onshore wind project: /en/local-projects/commissioned-projects/fraisthorpe © Jose Vega-Lozano

Onshore wind project: /en/local-projects/commissioned-projects/kildrummy © BayWa r.e.

Solar project: /en/local-projects/commissioned-projects/lynt-farm © BayWa r.e.

Ground-mounted PV project: /en/local-projects/commissioned-projects/mount-farm © BayWa r.e.

Ground-mounted PV project: /en/local-projects/commissioned-projects/rose-crown © BayWa r.e.

Onshore wind project: /en/local-projects/commissioned-projects/stroupster © Jose Vega-Lozano

Top-down view of a wind turbine: /en/local-projects/commissioned-projects/wathegar-2 © BayWa r.e.

Biodiversity next to some solar panels: /en/solar/bramble-solar-farm © Daniel Posner

gorund level view of solar panels: /en/projects/solar/corner-copse-solar-farm BayWa r.e.

Ground-mounted PV project: /en/projects/solar/driffield-solar-farm-battery-storage-system © Jan Roeder

Solarpark project: /en/projects/solar/fambridge-hall-solar-farm © Jan Roeder

Sheep walking in front of solar panels: /en/solar/fyanstown-solar-farm © Enno Kapitza

Onshore wind project: /en/wind/gooseberry-hill-wind-farm © Thomas Erdegard

Onshore wind project: /en/projects/wind/high-constellation-wind-farm © Sarah Granger

Biodiversity: /en/projects/bess/redshaw-battery-energy-storage-system © Daniel Posner

Ground-mounted PV project: /en/projects/solar/scurf-dyke-solar-farm © BayWa r.e.

Ground-mounted PV project: /en/solar/springmount-solar-farm © BayWa r.e.

Ground-mounted PV project: /en/projects/solar/mannington-solar-projects © Jan Roeder