Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

What the tax director really wants for Christmas

12 December 2022 / James Egert
Issue: 4869 / Categories: Comment & Analysis
104956
Three gifts

Key points

  • Businesses need a strategic and focused approach to managing their tax operations.
  • Good governance is no longer a nice-to-have for any size organisation.
  • A simple but structured approach can improve an organisation’s identification assessment and management of tax risk.
  • The tax function must operate effectively and have an optimised tax delivery model through better use of people process and technology.
  • Not all businesses are the same and they will have different facts circumstances and different priorities.

There is never a holiday season for tax especially when it comes to managing tax risk and ensuring tax operations are appropriately structured and controlled.

Tax risk is a key strategic risk for a business and is increasingly on the board’s agenda. As our world becomes ever more complex and the drive from governments and tax authorities unrelentingly moves towards self-accountability and self-regulation boards...

Only subscribers may read the full article

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
FIVE WAYS TO MAKE ACCOUNTS PRODUCTION AND TAX EASIER.
Download the exclusive Xero
free report here.

New queries
Please email any questions you might have
to: taxation@lexisnexis.co.uk.

back to top icon