It’s not surprising that 72% of UK CEOs are concerned about increasing tax obligations after a turbulent 12 months; the tax gap and debt-to-GDP ratios are at the highest levels seen in a generation.
With this as a backdrop HMRC is also approaching tax payers differently with an ever increasing focus on data. Making Tax Digital, together with HMRC’s continued development of their own data analyst teams means that tax functions are having to become ever more focused on their own data. Tax departments are becoming one of the most data-hungry functions within an organisation and a linchpin for delivering real value from tax is data.
In this webcast we will explore how organisations are using data to proactively manage their tax risks and improve their compliance and reporting processes, as well how to turn that data into meaningful insights that will help future decision making.