The Impact of Tax Governance on a Business Scale.
27th August 2024, 10:34 am
There are many benefits to good tax governance. Having good tax governance in place gives senior management the confidence that a company or group’s tax affairs are being dealt with effectively in accordance with the direction the board set out. It also enables a good relationship with HMRC and a low-risk rating, reducing the frequency and scope of enquiries, and also gives confidence to other stakeholders. Good tax governance also makes it easier for the finance and tax functions to operate smoothly, ensuring the organisation is on top of tax risks and ensuring no surprises. Essentially it is all about confidence and trust.
MHA Tax Director, Steve Haywood explores here: MHA | The Impact of Tax Governance on a Business Sale
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