Tax Governance

We can review your existing Tax Risk Management and Governance Framework (“TRMGF”) to ensure it is effectively designed and meets ATO expectations.

On completion of our review, we can prepare a gap analysis and/or provide recommendations for you to take to your Board and Risk Committee.

We can either independently update or work with you to update your TRMGF (or, if needed, work with you to develop a new TRMGF), to ensure it is effectively designed, fit for purpose, and meets ATO expectations.

We can review your key tax processes to ensure they are effectively designed and meet ATO expectations, including to the extent needed providing a gap analysis and recommendations.

We can help you update your key tax processes to ensure they are effectively designed, fit for purpose, and meet ATO expectations. This may include:

• Prepare process maps with required key controls
• Prepare and update your process documentation
• Review and recommend technology solutions
• Assist in implementation of technology solutions

We can also test how your organisation is living your TRMGF and the practical effectiveness of your key tax procedures and controls. This would generally be done 1-3 years after the implementation of your TRMGF and tax processes, and at least every 3 years thereafter.

We will provide a comprehensive report which may be provided to the ATO should it conduct a review.