Barry Stocks
About Barry Stocks
Barry Stocks serves as the Global Director of Indirect Tax at Thomson Reuters and has extensive experience in VAT issues and planning, currently based in London. He also holds the position of Director of Indirect Tax at GSK, focusing on VAT recovery and compliance since 2011.
Work at Thomson Reuters
Barry Stocks serves as the Global Director Indirect Tax at Thomson Reuters, a position he has held since 2020. In this role, he focuses on international VAT issues and planning, leveraging his extensive knowledge to identify opportunities for reducing VAT liabilities and enhancing VAT recovery. His work involves conducting VAT and indirect tax health checks to mitigate penalties and optimize tax strategies.
Current Role at GSK
In addition to his role at Thomson Reuters, Barry Stocks has been the Director of Indirect Tax at GSK since 2011. Over the past 13 years, he has worked in Hayes, Hillingdon, United Kingdom, where he has developed a strong expertise in managing indirect tax matters. His responsibilities include reviewing and revising systems to ensure compliance and evidence reasonable care in tax practices.
Expertise in VAT and Indirect Tax
Barry Stocks possesses specialized knowledge in various sectors, including property and construction, charities, registered social landlords (RSLs), and not-for-profit organizations. His expertise extends to resolving VAT issues and disputes with HMRC, ensuring that organizations navigate complex tax regulations effectively. He specializes in planning transactions to prevent VAT and indirect tax complications.
Skills in VAT Planning and Compliance
Barry Stocks has developed significant skills in international VAT issues and planning. His approach includes identifying opportunities for paying less VAT and improving VAT recovery. He conducts thorough health checks on VAT and indirect tax practices, which help organizations avoid penalties and optimize their tax positions. His experience in reviewing systems contributes to maintaining compliance and effective tax management.