About our Supply Chain
Euronics UK works with a wide range of suppliers to provide the variety of products and services that we offer to our customers. Our products are purchased via local supplier divisions of global organisations and the partnerships are managed by both our specialist buying teams and our marketing team at the Euronics UK Head Office in Andover.
Our policy in relation to slavery & human trafficking
As well as caring about our customers, we also care about our role in ensuring that slavery and human trafficking is not taking place anywhere in our business or wider supply chain. We have a policy that states ethics and integrity are expected of all employees irrespective of their role within the Company and we extend this expectation to our suppliers as well. Whilst we do not visit individual factories, we do visit our suppliers at their Head Offices here in the UK and Internationally.
Our Due Diligence Processes
As part of our ongoing efforts, we are committed to:
We will continue to rigorously follow our due diligence processes and closely monitor our organisation, and those of our suppliers. In addition, we will also: Aim to achieve a higher level of understanding of the risks of modern slavery & human trafficking throughout our organisation by training our staff and encouraging them to identify and report any areas of potential concern.
This tax policy applies to the period of 1st April 2017 to 31st March 2018 and was approved by the Board of Combined Independent (Holdings) Ltd (‘CIH’) on 7th March 2018. This is an annual policy and will be reviewed annually in March each year. The publication of this policy fulfils the group’s obligations under Para 16(2) of Sch 19 FA 2016.
The group consists of Combined Independents (Holdings) Ltd and Euronics Ltd. Combined Independents (Holdings) Ltd are recognised as mutual.
The principal activity of the group is purchasing electrical goods on behalf of its shareholders who are independent electrical retailers. Electrical retailers who trade with the group must become members of the trading group and must purchase a share in CIH. Any benefits gained from economies of scale by the group ultimately result in benefits to the members’ own businesses.
The strategy applies to 'UK taxation' as defined within the UK tax strategy legislation (Para 15, Sch 19 FA 2016).
How tax risks are managed:
The Company tax risks
The Company attitude to tax planning
Working with HMRC
We deliver. We install. We care. That's why millions of customers choose Euronics.
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