We don’t place limits on what we can achieve. We set big goals and we expect – and achieve – big results.
LOOKING AFTER EACH OTHER
We aren’t arrogant or dismissive, and we look after each other. We always treat everyone with respect, and we contribute value wherever we can.
We do what we say, on time and in full. When we start something, we finish it. And we always take responsibility instead of pointing fingers.
We want to change the world. That means taking risks, and taking ownership of those risks. We don’t settle for the status quo.
Our proprietary technology is designed to make life simple and easy for our customers. Easy to request a quote. Easy to see the best route. Easy to track passenger journeys. This game-changing technology like smart route-planning software, safe passenger-tracking systems, and live monitoring control centres, allows us to deliver safe, reliable journeys every day.
In the UK, transportation is responsible for 26% of greenhouse gas emissions. These emissions peak during rush hour, with 25% of all cars on the road during peak times being involved in the school run. We know that every one of our customer’s journeys reduces both rush hour traffic and their own environmental impact – a 20 mile journey cuts CO2 emissions by 75%.
We want to change the way people use and think about transport. Car ownership is on the wane. Tomorrow’s commuters will be used to viewing mobility as a service to be hired, not a product to be owned. And as hired transport becomes the norm, we will work to ensure that it’s just as easy and convenient to use an environmentally-friendly coach versus a private hire car.
MOBILITY as a SERVICE
We are a Mobility as a Service (Maas) provider, a technology expert, and a business that’s focused on reducing the environmental impact of getting people where they need to be. The global MaaS market is set for explosive growth.
(Paul Campion, former CEO of the Transport Systems Catapult)
(World Travel & Tourism Council)
The approach of Transport2 UK Limited to risk management and governance arrangements in relation to UK taxation
This tax strategy for Transport2 UK Limited is published in accordance with schedule 19 Finance Act 2016. Its set out the strategy towards UK taxation adopted by the Company for the 12 months trading to 31st December 2020. References to tax included PAYE, NIC, stamp duty, VAT, Insurance Premium Tax, R&D tax credits and Apprenticeship Levy.
The CFO of Transport2 has overall responsibility for tax matters. He is supported by an experienced finance team. In addition, the Board of Directors contains an Investment Director from Souter Investments and a Non-executive Chairman who are experienced and appropriately qualified. Expert legal, accounting and tax support is provided on a regular basis by appropriately qualified firms.
The level of risk in relation to UK taxation that the group is prepared to accept.
Both ongoing and potential tax risks are regularly considered, discussed and mitigated by this group of people. A system of review is in place with the Company’s tax filings. The preparation of corporation tax and research and development claims is outsourced to appropriately qualified and regulated professional firms and reviewed by the finance team and CFO prior to submission. Transport 2 currently operates only in UK jurisdiction.
The attitude of the Company towards tax planning, so far as affecting UK taxation and the approach of the group towards its dealings with HMRC.
Transport2 does not undertake any tax planning which is artificial or considered aggressive. The company is transparent and honest in its dealings with HMRC and makes disclosures of relevant tax issues, whether that is through the submission of tax returns, responding to request in a timely manner or, in the case of any inadvertent errors, reporting promptly to HMRC with full disclosure.