Tax Accounting
High‑quality tax reporting, compliance and governance support for businesses of all sizes
Tax accounting plays a critical role in ensuring accurate financial reporting, effective compliance, and strong corporate governance. Many businesses lack in‑house tax expertise or capacity, which can make preparing high‑quality tax accounting schedules, notes and reconciliations complex and time-consuming.
MHA’s specialist Tax Accounting team supports clients across all sectors, delivering robust reporting, streamlined processes and audit-ready documentation including all the necessary complex disclosures. Our work is designed to be shared directly with auditors, and we engage with audit teams to explain our approach and respond to queries. Thus, reducing pressure on finance and tax teams, removing complexity and enhancing the quality of your financial statements.
Tax Accounting / Tax Reporting / Tax Provisioning
Our team assists with the full range of tax accounting requirements for single entities and consolidated groups, including:
- Preparation of tax accounting schedules and supporting notes for inclusion in financial statements.
- Assess and report the tax implications arising from consolidation adjustments.
- Current and deferred tax calculations following UK GAAP and IFRS principles, (plus US GAAP reporting via our Baker Tilly US specialist colleagues).
- Deferred tax recognition assessment projects including documenting the required supporting evidence.
- Tax reconciliations, including review of permanent and timing differences.
- Prior year adjustments, reconciliations and true‑up / return to provision exercises.
Audit Support
MHA works collaboratively with your auditors to make the tax accounting process smoother, faster and more robust.
We produce clear, well-evidenced tax accounting schedules and financial statement disclosures that can be shared directly with your auditors, helping them review and clear tax audit matters efficiently. Where questions arise, we’ll engage with auditors promptly to explain the approach, walk through the workings and provide supporting evidence, reducing pressure on your finance and tax teams and avoiding unnecessary back-and-forth.
The result can be a more streamlined audit, fewer late surprises, and stronger, clearer tax disclosures in the financial statements.
Tax Governance and SAO Compliance
Strong governance is central to accurate and compliant tax accounting. We support clients with:
- Senior Accounting Officer (SAO) regime compliance.
- Tax control frameworks, key controls testing and documentation.
- Annual certification processes and ongoing governance support.
- Tax risk and uncertain tax provision assessments under IFRIC 23.
- Pillar 2 impact assessments to ensure any top up taxes are robustly calculated and the necessary disclosures are included in the financial statements.
Our team advises on structures, roles, documentation and evidence to ensure your business meets HMRC expectations.
Why choose MHA?
- Specialist Expertise Our team includes experienced tax accounting professionals across corporate, audit, and governance functions.
- Audit‑Ready Quality We prepare clear, robust tax accounting schedules and disclosures that are ready to be shared directly with your auditors. Our workings are structured to align with audit requirements, and we actively support the audit process by explaining our approach and responding to auditor queries. Thus, reducing disruption for your finance team and helping audits run more smoothly.
- Integration with wider tax and advisory services From compliance to complex advisory, our specialists ensure seamless alignment across all areas of your tax profile and positions taken.
Our Tax Accounting Team
Chris Danes
Tax Partner
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Alex Lubbock
Tax Senior Manager
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Chris Denning
Corporate and International Tax Partner
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Alison Conley
Retail & Consumer, Corporate and International Tax Partner
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Nathan Sutcliffe
Tax Partner
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Peter Carville
Tax Partner
Full detailsWe're here to help, get in touch.
Our experts are ready to support your tax accounting needs, from year‑end tax accounting and reporting through to wider tax governance enhancement along with our integrated advisory offering.
