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Senior Accounting Officer sign off: HMRC releases latest guidance

HMRC released revised guidance to support the Senior Accounting Officer regime on 26 April 2012. The revised guidance is positive news for both SAOs and their companies as it provides greater clarity around some of the more challenging aspects of the rules, including the circumstances in which penalties may or may not be levied.

Beyond year 1: The SAO Toolkit looks back on how companies have responded to SAO, includes our latest thoughts and experiences of SAO in year two and looks to the future on steps to consider in order that SAOs may be well informed before signing.

The Deloitte Tax Management Consulting team will be hosting a webinar to discuss the latest changes in more detail:

Monday, 21 May, 12:30 – 13:15 BST

Register for Beyond year 1: The SAO Toolkit - Webinar

For more further information: SAO Homepage.

To read our initial comments and find out more about the revised guidance, please read our press release which can be accessed from the related links section of this page.

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