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    Purple abstract

    Improving cash tax and tax cost efficiency

    How can you transform your finance function to deliver efficiency, insight and value to the organisation?


    Inflation, interest rates, fuel costs, commodity prices, wages…not to mention a growing tax burden. Costs are soaring across the board for organisations and are top of every company’s agenda as a result.


    For tax functions, the pressure to reduce costs and enhance cashflow is especially acute. More than ever, tax teams must ensure that cash isn’t being left on the table, and that their operations are as lean as possible.

    Lee Holloway

    Partner, Consumer and Retail Sector Lead for Tax and Legal

    KPMG in the UK


    A more strategic function

    That means minimising tax leakage and taking advantage of the incentives you’re eligible for.

    The right technology and data are essential to effective and efficient tax operations. Properly implemented, they will improve reporting accuracy; allow you to track incentives and regulatory change; and provide a granular view of your costs. In short, they’ll help you understand and address the tax risks and opportunities facing your company.

    What’s more, they’ll streamline the work your team does. That reduces cost, and lets people focus on value-add activities like forecasting, planning, structuring and advisory – enhancing tax’s status as a strategic partner to the business.



    How we can help you

    Our experts will take you through a, six-step approach to driving cash tax and tax cost efficiency:  

    • Identify

      the cash taxes and efficiencies being left on the table

    • Quantify

      the potential savings available to you

    • Prioritise

      the most promising opportunities

    • Implement

      the necessary claims and applications

    • Embed

      the savings made into your everyday tax management processes

    • Review

      your processes to ensure that the benefits are sustained


    We can also help you rethink and refresh your tax function’s cost and value proposition, to make savings while remaining positioned for growth.


    Our tax insights

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    Get in touch

    Read enough? Get in touch with our team and find out why organisations across the UK trust us to make the difference.

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