The SAO legislation, introduced in the 2009 Budget, requires the nominated SAO within certain companies to ensure that the company establishes and maintains appropriate tax accounting arrangements.

Failure to comply with the legislation can result in penalties levied personally on the SAO as an individual.

For SAOs and those briefing SAOs a clear strategy must be put in place to ensure compliance with the new regime. The legislation puts tax firmly on companies' agendas, creating an impetus for many to improve and transform the way in which they manage tax. Employment Taxes represents significant risks to any business and gaining a secure understanding of the actual risks arising is a significant challenge. We can help you to understand your risk, reduce existing risks and proactively manage your future compliance.

For further information please contact the Cobia team on 0845 226 0580 or email info@cobia-uk.com