Group Tax

BPW Limited – Group taxation strategy

This Tax Strategy Statement sets out the management of UK taxes by UK entities in the BPW Bergische Achsen KG group ("the Group").

This document is made available in accordance with Schedule 19 of Finance Act 2016 and is in relation to the financial year ended 31 December 2022. The Group considers the publication of this document as complying with the duty under paragraph 19(2)/22(2) and paragraph 25 of Schedule 19 of Finance Act 2016. 

This statement is given in respect of the Group entities to which this legislation applies and where BPW Bergische Achsen KG and its subsidiaries have a 51% or more holding in the relevant entity. The primary trading company in the UK is BPW Limited.

The approach of the Group to risk management and governance arrangements in relation to UK taxation 

The UK Finance Director ("FD") has responsibility for tax, and for communicating and advising on tax affairs and risks to the supervisory board ("the Board"). 

When appropriate, external advice is sought from professional advisers, particularly for complex or uncertain matters, to support the Group's decision making process. 

The FD and the Financial Controller ("FC") are ACA qualified accountants and keep abreast of UK tax affairs through CPD communications in order to identify any risks arising from the UK tax landscape.

Attitude towards tax planning, so far as it affects UK taxation 

All tax planning is driven by a business or commercial purpose. The Group is committed to acting with integrity and transparency on all tax matters and complying fully with UK tax law, which may involve claiming tax allowances, incentives, or exemptions, to which it is entitled under applicable laws and regulations. 

Level of risk in relation to UK taxation that the Group is prepared to accept 

BPW Limited assesses risk on a case by case basis in line with the risk management framework. The Group's objective is to comply with legal requirements in a manner which ensures the right amount of tax is paid at the right time, underpinned by an open and co-operative relationship with HMRC.

BPW Limited does not engage in artificial tax arrangements and ensures that the outcomes are consistent with the commercial reality. Our appetite for tax risk is low. Aggressive tax planning is not considered. 

Approach towards the Group's dealing with HMRC 

The Group's approach is to comply fully with UK tax law, making sure that all HMRC filings are submitted on a timely basis, with full disclosure, and that any areas of uncertainty are discussed with HMRC on a timely basis. The FD and his team have regular communication with their professional advisers to promote a professional, collaborative working relationship which is based on principles of transparency and trust.

Complaint procedure for violations of human rights

Complaint channels can be used by employees as well as suppliers or other stakeholders of the BPW Group.

Complaints can be submitted anonymously via this website The website is available in various languages and issues are handled by a specially, trained team. 

In addition to the website, the following email and telephone contact details from our parent company (BPW KG) are also available as complaint channels.

- [email protected]
- +49 2262 78 1237