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The Changing Face of Compliance

 
Paul Matthews Director and UK corporate tax compliance leader PricewaterhouseCoopers LLP looks at how compliance is changing and how new technologies are helping companies meet new compliance demands
 
For tax specialists and company tax departments corporate tax compliance used to be something that was fitted around other tasks such as tax planning work and it was often left until late in a company's compliance cycle.
 
The data needed for tax computations was and still is embedded in almost every aspect of the key financial data a company publishes yet tax and general accounting systems are rarely linked. Thus the collection of data into a format that could be submitted to HMRC can occupy significant resources and it can also be difficult after the...

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