Last month Lloyds TSB won the LexisNexis Butterworths award for best in-house tax team. Steve Hoy Tax Director of Lloyds TSB and Roy Millman of Affecton LLP explain how the team achieved this
In 2003 before the transformation project started the group tax department (GTD) of Lloyds TSB Group was the smallest of its peers. Staff had demanding workloads; fire-fighting was not unknown. To add to the pressure the existing in-house tax team knew that 2004 would bring some additional and heavy work commitments. The resource implications of these tasks looked daunting. As a major financial group with over 300 active companies major treasury banking insurance and leasing businesses operating in 20 overseas tax jurisdictions with a US listing there were major new regulatory...
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Last month Lloyds TSB won the LexisNexis Butterworths award for best in-house tax team. Steve Hoy Tax Director of Lloyds TSB and Roy Millman of Affecton LLP explain how the team achieved this
In 2003 before the transformation project started the group tax department (GTD) of Lloyds TSB Group was the smallest of its peers. Staff had demanding workloads; fire-fighting was not unknown. To add to the pressure the existing in-house tax team knew that 2004 would bring some additional and heavy work commitments. The resource implications of these tasks looked daunting. As a major financial group with over 300 active companies major treasury banking insurance and leasing businesses operating in 20 overseas tax jurisdictions with a US listing there were major new regulatory...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
