Tax Governance and Tax Risk Management

Key requirements

The hub directs companies to overarching tax-governance principles, TGF endorsement and GST ACAP. TGF concerns the governance policy across corporate income tax and GST; ACAP tests the GST control framework in greater operational depth. Select the detailed programme based on readiness, responsibilities and review requirements. A policy document alone is not evidence that every transaction was correctly taxed. Assign ownership of rate decisions, invoice checks, reconciliations and error escalation, then preserve evidence of those controls. Approval benefits are programme-specific and should not be assumed merely because the business adopts an internal policy.