Treasury Function

The Corporate Treasury Function is responsible for managing the financial health of an organisation, with a focus on cash flow management and the liquidity of assets to meet current and future liabilities.

Tax payments represent one of the largest cash outflows of a company.

It is important that accurate estimates of tax payments and refunds are provided by Group Tax to the Treasury Function to optimise cash flow and avoid surprises that may incur  unnecessary interest and charges relating to funding or liquidation costs.

In particular, Group Tax should have strong systems and processes around the projection of income tax (PAYG) and GST payments.