Introduction and purpose
This UK Tax Strategy applies to Rentscore and its controlled UK subsidiary and holding companies (collectively referred to as “the UK Group”).
While not legally mandated to publish a formal tax strategy, Rentscore chooses to publish this document voluntarily. This reflects our commitment to corporate transparency, ethical governance, and responsible financial stewardship. This strategy is reviewed regularly by our leadership team and applies from the date of publication.
Our business and core values
Rentscore provides accurate, objective, and independent evaluations of tenant scoring profiles. By aggregating historical feedback and performance data from previous landlords, we offer crucial clarity to the rental market.
Our independent, multi-disciplinary team comprises property analysts, developers, legal experts, and management professionals with deep expertise across property management, tenancy law, and operational risk. Together, we support all stakeholders in a residential or commercial rental transaction — including tenants, guarantors, landlords, and creditors — by providing an unbiased, evidence-based assessment of rental histories.
Our overarching mission is to act as dutiful stewards, ensuring all parties are fully informed of potential contractual risks before entering a tenancy. By replacing speculation with objective data, we help our users safeguard their capital, protect their investments, and uphold the highest standards of professionalism, ethics, and personal responsibility.
Tax governance and risk management
Tax governance and risk management for the UK Group is overseen directly by our senior leadership at Board level. Because the UK holding companies’ activities and resulting tax liabilities are straightforward, they are closely monitored through structured monthly, quarterly, and annual financial reporting packages alongside regular budget cycles.
To ensure total accuracy, day-to-day tax compliance is delivered by reputable, outsourced professional service providers. Their activities, calculations, and outputs are strictly monitored and approved by our internal senior management team. Furthermore, formal tax advice is proactively sought from top-tier professional advisors in relation to any significant UK transactions or structural changes to the business.
Tax risk appetite
Rentscore strives for full compliance with all UK tax laws, statutory obligations, and disclosure requirements. We maintain an exceptionally low tax risk tolerance and actively seek to resolve or avoid areas of uncertainty in our tax affairs. We believe this conservative approach directly aligns with the long-term interests of our stakeholders, clients, and partners.
Approach to tax planning
Our presence in the UK is a key pillar of our global growth strategy. In line with our core corporate values, we only engage in tax planning that is aligned with genuine commercial and economic reality.
- No artificial arrangements: we do not enter contrived or artificial tax avoidance arrangements, nor do we seek to apply tax law in a manner contrary to the clear intention of the UK Parliament.
- Transfer pricing: all inter-company transactions are structured strictly on an arm’s-length basis in full compliance with OECD principles and relevant UK transfer pricing requirements.
- Tax incentives: we may utilise standard, government-sponsored tax incentives and reliefs where eligible, ensuring they are claimed in the manner intended by legislation.
Relationship with HMRC
Rentscore is committed to the principles of co-operative compliance. Our relationship with HM Revenue & Customs (HMRC) is built on professional courtesy, transparency, and integrity.
Our interactions focus on the timely submission of tax registrations, accurate returns, and the prompt settlement of all associated tax liabilities. Should areas of interpretation arise, we aim to engage with HMRC in a collaborative, open, and constructive manner to achieve early resolution.
Approval
The Directors of the UK companies have reviewed and formally approved this UK Tax Strategy statement.