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Official guidance
Senior Accounting Officer Guidance

SAOG14400 · Senior Accounting Officer main duty: reasonable steps

  • SAOG14410 · What are reasonable steps
  • SAOG14420 · Establishing and maintaining processes
  • SAOG14430 · Monitoring processes
  • SAOG14440 · Considering opening balances and standing data
  • SAOG14450 · Example of standing data
  • SAOG14460 · Making delegations
  • SAOG14465 · VAT representative company
  • SAOG14470 · Making outsourcing arrangements
  • SAOG14480 · Making tax sensitive judgements
  • SAOG14490 · Examples of tax sensitive judgements
  • SAOG14500 · Where mergers and acquisitions occur
  • SAOG14510 · Example 1 - Shared Service Centre
  • SAOG14511 · Example 2 - Retailer and VAT codes
  • SAOG14512 · Example 3 - Customs data on import and export declarations
  • SAOG14513 · Example 4 - Customs Freight Simplified Procedures
  • SAOG14514 · Example 5 - reasonable steps that vary across taxes
  • SAOG14515 · Example 6 - takeover or merger
  1. Senior Accounting Officer main duty: reasonable steps: contents
  2. Senior Accounting Officer main duty: reasonable steps: monitoring processes

SAOG14430 | Senior Accounting Officer main duty: reasonable steps: monitoring processes

From HM Revenue & Customs · Senior Accounting Officer Guidance

A Senior Accounting Officer (SAO) must

  • decide what monitoring processes the company needs, taking into account the level of risk in calculating tax liabilities

  • consider the circumstances of the business and the impact of particular issues in deciding how to monitor accounting arrangements

  • consider the suitability and efficiency of any monitoring processes already in place and whether any additional processes are needed.

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