Helping you meet HMRC obligations
Our dedicated academies team is here to support you and help you to meet HMRC obligations. We have outlined some of these below:
Corporation Tax
- Providing support to the trust to enable it to register as exempt from Corporation Tax
- Reviewing the trust’s income streams, identifying any taxable income streams and taxable profits
- Providing advice on setting up a subsidiary company where the trust has taxable trading profits
- Preparing tax computations and Corporation Tax Returns on behalf of the trust and any trading subsidiary
VAT
- Providing training to finance staff to identify how to treat different income and expenditure streams
- Assisting the trust in deciding whether to register for VAT or complete VAT 126 forms
- Providing guidance and support through the VAT registration process
- Providing support to ensure processes are in place to record VAT activities
- Preparing and filing VAT Returns for the trust
- Providing guidance on available VAT reliefs, particularly in relation to capital projects
Payroll
- Providing a fully outsourced payroll service
- Providing payroll training and update courses
- Providing an emergency payroll cover solution
- Providing Sage software products, often with discount
Employment Taxes
- Reviewing employment policies and processes to identify opportunities to save money for the trust and its staff
- Helping to manage your relationship with HMRC, for example dealing with HMRC enquiries on your behalf
- Helping you to manage employment tax compliance requirements to ensure your filing obligations are met