Finance Bill 2016 introduces the requirement for large groups, companies and partnerships to publish their tax strategy annually. The requirement is backed up by a penalty regime chargeable on the head entity of the UK group. Tax strategies must be clearly defined, aligned with the business objectives and embedded in the way the organisation operates. A clearly documented and fully implemented tax strategy will provide a strong platform for any business aiming to make a positive impact on its HMRC risk profile.
Finance Bill 2016 introduces the requirement for large groups, companies and partnerships to publish their tax strategy annually. The requirement is backed up by a penalty regime chargeable on the head entity of the UK group. Tax strategies must be clearly defined, aligned with the business objectives and embedded in the way the organisation operates. A clearly documented and fully implemented tax strategy will provide a strong platform for any business aiming to make a positive impact on its HMRC risk profile.
Finance Bill 2016 introduces the requirement for large groups, companies and partnerships to publish their tax strategy annually. The requirement is backed up by a penalty regime chargeable on the head entity of the UK group. Tax strategies must be clearly defined, aligned with the business objectives and embedded in the way the organisation operates. A clearly documented and fully implemented tax strategy will provide a strong platform for any business aiming to make a positive impact on its HMRC risk profile.