The first 100 days as a head of tax

This article by Peter Mason and Winmark’s Tax Director Network examines the approach a new head of tax should take in their first 100 days to define their place in the organisation. During this period a new head of tax must of course address any immediate tax compliance deadlines and any urgent business tax issues but he or she should also look to cover the following: (i) Strategy: agree a tax strategy that meets the needs of the business ensuring that it is built on an understanding of the business needs; (ii) Structure: ensure that the tax function is structured appropriately and with sufficient resource to enable the team to work effectively in delivering the strategy; (iii) Systems: understand the systems and processes that are in place and ensure that they are fit for purpose; (iv) Skills: determine the skills and capabilities that are required within the team...