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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:

BESS Project:

Operators on top of a wind turbine:

Purple flowers infront of a solar panel:

A wind park field with cows:

Group of people walking with BayWa r.e. vests:

Solar panels from above:

Two operators tightening their gear:

Group of happy children:

Farmer walking in between solar panels:

Aerial view of a solar farm :

Wind farm in a field:

Aerial view of a field and a solar farm:

Close-up of a row of solar panels:

Happy team of employees:

Solar panels on a grass field:

View from on top of a wind turbine:

Worker in between solar panels:

Operators doing maintenance works for solar panels:

Close-up of operators working on a solar panel:

Solar panel maintenance worker:

Solar panel maintenance work close-up:

Operators setting up solar panels:

Operator at a solar park:

Operators on top of a wind turbine:

View over wind turbines on a field:

Close-up of operators on top of a wind turbine:

Electricity works:

Close-up maintenance work on solar panels:

Employees in a meeting:

Employees working at an office:

Ground-level image of solar panels:

Aerial image of a solar park:

Solar panels:

Wind turbines in a field:

Operators on top of a wind turbine:

Happy employees:

Workers on a field:

Happy family walking in a field:

Solar park from above:

Aerial view of a solar park:

Solar farm on a field:

Sheep in between solar panels:

Aerial image of a solar park:

Solar panels:

Rows of solar panels:

Floating-PV installation:

Aerial image of floating-PV:

Floating-PV:

Close-up of floating-PV:

Close-up of fruit cultivating agri-PV:

Interspace PV:

Overhead PV:

Wind farm:

Wind turbines:

Onshore Wind:

Image of the top of a wind turbine:

Offshore wind:

Aerial view of an offshore wind farm:

Offshore wind turbines:

Hybrid project with wind and battery energy storage:

Hybrid projects with wind and solar energy:

Operator in a hybrid park:

Battery Energy Storage System:

Close up of a BESS installation:

BESS project:

Aerial view of a solar park:

Drone view of a hybrid park with wind turbines and solar panels:

Drone view of a tractor on a field:

Solar panels from above:

Close up image of a solar panel:

Aerial view of a ground-mounted pv project:

Ground-mounted PV project:

Wind turbine:

Aerial view of a ground-mounted pv project:

Wind turbines and nature:

Wind turbines in a field:

Happy group of employees:

Happy employee giving a presentation:

Holding hands:

Employees in a brainstorm session:

Safety gear:

Team meeting:

Operators in a wind farm:

Purple flower and bumblebee:

Branch with green leaves:

Sheep in a field:

Socializing employees:

Crowd at an event:

Onshore wind project:

Onshore wind project:

Ground-mounted PV project:

Windfarm construction:

Onshore wind project:

Onshore wind project:

Onshore wind project:

Onshore wind project:

Onshore wind project:

Onshore wind project:

Solar project:

Ground-mounted PV project:

Ground-mounted PV project:

Onshore wind project:

Top-down view of a wind turbine:

Biodiversity next to some solar panels:

gorund level view of solar panels:

Ground-mounted PV project:

Solarpark project:

Sheep walking in front of solar panels:

Onshore wind project:

Onshore wind project:

Biodiversity:

Ground-mounted PV project:

Ground-mounted PV project:

Ground-mounted PV project: