Bhargav Group’s approach to tax is based on transparency, compliance,
and a commitment to meeting our obligations under the law.

Introduction

This Tax Strategy statement is published in accordance with Schedule 19
of the Finance Act 2016. It applies to Bhargav Group and all of its UK
subsidiaries and operating businesses.

Our Approach to Tax

Bhargav Group is committed to paying the right amount of tax in
accordance with the relevant laws and regulations. We do not engage in
aggressive tax planning or use artificial structures for the purpose
of avoiding tax.

Tax Risk Management

We seek to identify, evaluate, and manage tax risks through our internal
governance processes. Where there is uncertainty regarding a tax
position, we obtain professional advice and engage openly with HMRC
where appropriate.

Relationship with HMRC

We maintain a transparent and constructive relationship with HMRC,
seeking to ensure that our tax affairs are dealt with in an open and
collaborative manner.

We aim to make full, accurate, and timely disclosures in all tax filings.

Tax Planning

Any tax planning we undertake is aligned with commercial and economic
activity and reflects the spirit of the law as well as its letter.
We do not use offshore arrangements or contrived structures for tax
avoidance purposes.

Governance

The Board of Bhargav Group has overall responsibility for the tax
strategy. Day-to-day tax compliance is overseen by the group’s finance
function, in conjunction with external advisers where appropriate.