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Categories:
Comment & Analysis
John Dixon outlines four key developments in the role of the FTSE 100 tax director.
KEY POINTS
- The Changes in the UK Tax Market survey of FTSE 100 heads of tax indicates many changes in this area.
- Reputational risk and stakeholder management are the most important issues for heads of tax.
- Communication strategy and business leadership are valuable skills.
- Relationships with professional advisers are changing.
- Businesses are expected to take more tax functions in-house and place less reliance on external advisors.
I remember a conversation I had with the tax director of a significant FTSE 100 company some ten years or so ago. He prided himself on his technical ability (as evidenced by the well- thumbed ‘Yellow Book’ on his desk) had little or no connection with the underlying businesses of the company (in his words ‘no need’) tried to avoid his chief...
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