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In-House Focus — Tax and the Boardroom

Speed Read: Early in January Paul Morton was invited to offer some personal views on current tax issues in the boardroom at a meeting with senior HMRC officials. The objective was to share some commercial perspectives with HMRC and engage in general discussion. The meeting covered a range of issues from the importance of the tax rate in determining shareholder value to risk management corporate responsibility tax avoidance and the organisation of an in-house tax function. The meeting was introduced by Dave Hartnett Permanent Secretary for Tax.
HMRC is focussed on developing its commercial awareness and a sound understanding of the practical aspects of taxation relevant to its customers. Successful initiatives include short-term secondments to industry joint training in areas such as the Senior Accounting Officer requirements and the very effective...
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