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Tax Policy

This Tax Policy applies to Accord Healthcare Ltd (“Accord”) and its wholly owned UK subsidiaries.

This Tax Policy sets out Accord’s approach to tax in relation to its UK activities. It has been prepared in accordance with paragraph 19 of Schedule 19 of Finance Act 2016 in respect of the financial year ended 31 March 2023 and has been approved by the Board of Directors.

Our culture and values

At Accord, we are driven by our values and principles. Integrity is an important part of who we are. We conduct business in a way that is fair and ethical and complies with all applicable laws and regulations.

We believe that honesty and professionalism are fundamental to our business. Our culture is fully reflected in this Tax Policy.

As mandated by Accord’s Board of Directors, we seek to comply fully with all applicable laws and best practice in relation to dealings with healthcare professionals and government officials and to comply fully with the highest standards of business and ethical conduct in all our dealings with customers, suppliers, competitors and other business partners.

Our approach to the management of tax

The Finance Department has a responsibility to manage Accord’s tax position in a way that:

  • Reduces the risk of tax errors that may result in financial costs or reputational damage through the maintenance of a governance framework.
  • Complies with relevant tax laws and allows us to act with integrity in all our dealings with HMRC.
  • Manages business costs and risks through the appropriate use of legitimate tax planning.

Tax planning

Tax planning is a legitimate activity, which Accord should engage in to protect the value of our investments and manage the costs of any taxes to the business. Accord will only engage in tax planning that supports our legitimate commercial activities and our approach to tax planning reflects our core values. Accord does not use marketed tax avoidance schemes or conduct any artificial tax planning.

Accord may seek to utilise government enacted tax reliefs where appropriate and in line with, and in the spirit of, tax legislation.

Tax risk and governance

Accord accepts that tax risk is inherent in doing business and needs to be managed appropriately. We do this through adhering to the Accord’s risk management policies and methodologies to ensure that emerging tax risks across all activities are identified, assessed, managed, and reported where appropriate to Accord’s senior management, including the Board of Directors.

The group’s appetite for tax risk is determined by a desire to achieve certainty in its tax affairs.

Where new tax risks emerge, these are assessed by the Finance Department to ensure that they are in line with the Accord’s attitude to risk. The Finance Department ensures that there are effective controls in place around all significant tax processes and operations, with adherence to these controls monitored and reported to senior management on a regular basis.

Accord values the experience of professional tax consultants and regularly seeks tax advice from reputable external advisors where it is required. Accord complies with all legally required disclosure obligations.

Tax compliance and interaction with HMRC

At Accord, we take our tax obligations seriously and seek to meet all our tax compliance and disclosure requirements. Any inadvertent errors in submissions made to HMRC are fully disclosed as soon as reasonably practicable.

If a dispute were to arise, Accord would seek advice from external advisors, and actively engage with HMRC to expedite an efficient resolution. Accord aims to have a professional and cooperative relationship with HMRC, also consulting with HMRC as required on the interpretation of the relevant tax law.

Approved by Accord Healthcare Limited Board of Directors on 29 September 2023

General (the “Site") is owned and operated by Accord Healthcare, Ltd. (“Accord”), a company registered in England and Wales, with company number 04596349 and with registered office at Sage House, 319 Pinner Road, North Harrow, Middlesex, HA1 4HF, United Kingdom. Accord’s VAT number is GB 894350693.

Terms of Use
By accessing the Site or by otherwise accessing any content found on this Site, you agree to be bound by the following terms and conditions (“T&C”).

Contents of this Site
All the information and contents of the Site (including, but not limited to, its graphics, logos, designs, images and source codes used for programming) are the property of Accord or its licensors, as the case may be.

You may not use or reproduce or allow anyone to use or reproduce any “Accord” names and logos, and any other graphics or trademarks (whether registered or unregistered) appearing on the Site for any reason without written permission from Accord.

The software that operates the Site is proprietary software and you may not use it except as expressly allowed under these T&C. You may not copy, reverse engineer, modify or otherwise deal with the software.

Where the Site contains links to other sites and resources provided by third parties, these links are provided for your information and convenience only. Accord does not have control over, and is not responsible for, the availability and content of those sites and resources. 

Changes to the Site, its contents and these T&C
Accord reserves the right to alter the Site, its contents and these T&C at any time, without prior notice. Any modification will take effect immediately. You agree to check these T&C regularly for modifications and additions.

Contents Use
You may download material displayed on the Site for non-commercial, personal use only, provided you also retain all copyright and other proprietary notices contained in the materials or as specified on the Site. Save as expressly permitted above, all use and reproduction of any material on this Site or any incorporation of the same into any other material, in whatever media or format, is strictly prohibited. You agree not to use the Site for any commercial or business purposes.

Slavery and Human Trafficking
Accord is absolutely committed to preventing slavery and human trafficking in its business activities and ensuring to the best of its ability that its supply chain is free from such activities. For further details, see Accord’s Modern Slavery Act Statement.

Personal Data
Accord may process the personal data supplied by you to Accord in accordance with Accord’s Cookies and Privacy Policy.

Liability and Indemnity
Although Accord endeavours to ensure the high quality and accuracy of the Site, Accord makes no warranty, express or implied, such as to the accuracy, completeness or adequacy, of the contents of the Site, which are provided "as is".

In no event will Accord, its affiliates, agents, suppliers or licensors be liable for any direct, special, incidental, exemplary, punitive, consequential or other loss or damage (including, without limitation, damages for loss of business profits, business interruption, loss of business information or other pecuniary loss) that may arise directly or indirectly from the use of (or failure to use) or reliance on the contents of this Site, even if Accord has been advised of the possibility that such damages may arise. For the avoidance of doubt:

  • Accord does not guarantee absence of virus or other elements that could damage or alter your computer system, electronic documents or files. Accord hereby notifies to all users that these may occur. Therefore, Accord does not accept liability for any damage that these elements could cause to you or to third parties.
  • Accord will not be liable if for any reason the Site is unavailable at any time or for any period. Accord accepts no responsibility for any errors, omissions, delays, or losses including loss of data during or as a result of the unavailability of the Site.

You agree to indemnify Accord, its affiliates, agents, suppliers or licensors immediately on demand, against all claims, liability, damages, costs and expenses, including reasonable legal fees, arising out of any breach of these T&C by you or your use of the Site.

Governing Law and Jurisdiction
These T&C will be governed by and construed in accordance with the laws of England. You (and Accord) submit irrevocably to the exclusive jurisdiction of the English Courts.

Other Terms
Notices to Accord must be given in writing, by letter, and sent to Sage House, 319 Pinner Road, North Harrow Middlesex, HA1 4HF, United Kingdom.

If any provision in these T&C is determined to be illegal, invalid or unenforceable, in whole or in part, then such provision or part of it shall, to the extent that it is illegal, invalid or unenforceable, be deemed not to form part of these T&C and the legality, validity and enforceability of the remainder of these T&C shall not be affected.

Save as expressly referred to therein, Accord makes no representations or warranties of any kind, express or implied, with respect to Site and its contents.

Headings in these T&C are for convenience only and have no legal meaning or effect, nor shall they be taken into account in interpreting these T&C.

Accord rights under the T&C may be waived only in writing and specifically.

The board of directors and management teams of Accord Healthcare Ltd’s (AHL) and its subsidiaries are fully committed to complying with competition law. The fundamental objective of competition law is to prevent distortion of competition in the market because competition ensures an efficient allocation of resources and, ultimately, enhances consumer welfare.

AHL is committed to bringing affordable life-saving medicines to patients and has thus adopted a robust compliance programme that includes a fair competition policy, employee training to aid understanding of competition law and how it applies to our business, and a whistleblowing line allowing our employees and business partners to safely (and anonymously) report any policy breaches.


Accord Healthcare Ltd Board of Directors
October 2019