Tax Strategy
Suniket Solutions Limited Group Tax Strategy

The tax strategy applies Suniket Solution Limited for the accounting period year ended 29th of December 2024. It has been approved by the Board of Directors and is published in accordance with paragraph 16 of Schedule 19 of the Finance Act 2016.

Aims

Our objectives are to pay the correct amount of tax on a timely basis whilst complying with taxation legislation and guidance.

The Company’s Senior Accounting Officer and Accounts team is ultimately responsible for the tax strategy and they will be assisted by the Finance Department.

Risk Management

Suniket Solution Limited manages tax risk by utilizing the relevant internal controls and processes to reduce risk.

Qualified individuals are in place to deal with the Company`s tax affairs.

Where the transaction is considered to be of a complex nature external advice is sought from our professional accountants.

Tax Planning

Suniket Solution Limited will not carry out artificial transactions for the purposes of just reducing the taxation charge. We will only use tax reliefs that are available within the legal framework.

Attitude to Risk

We aim to minimize our taxation risk by ensuring that the relevant tax laws are complied with and by having an honest, open and collaborative relationship with HMRC.