Is your corporate tax compliance becoming a burden?
We understand that managing tax compliance has become an increasingly complex issue. The assurance, accounting, regulatory and tax compliance requirements are constantly changing, which raises a number of major challenges:
- How do you meet your obligations to e-file your corporate tax returns in a timely manner, while managing your HM Revenue & Customs (HMRC) risk assessment status?
- How do you ensure that the tax disclosures in your statutory accounts are consistent with the tax computations which you submit to HMRC?
- How do you minimise the input required by your staff in providing the data required to produce both the tax computations and the tax disclosures in the accounts?
How can we help?
PwC can help you take care of all aspects of your corporate tax compliance and accounting work, allowing you to focus valuable resources on your core business. We provide a flexible and efficient service, offering value for money as we prepare the tax disclosures for your accounts, your tax returns and your computations quickly and accurately.
Our compliance team is dedicated to helping you prepare your tax disclosures, tax returns and computations. Continuous investment in our people and our technology ensures you have a streamlined compliance process from the time you provide the initial data to the time we produce the tax accounts disclosures and subsequently the robust computations and returns.
Some of our service offerings can be viewed from the attached document link, or are highlighted below:
- Online collaboration: This is an individually-tailored compliance website. It gives you a secure and single point of access and allows you to follow the progress of your computations at every stage of the compliance cycle. To register or login to a web-enabled application, please follow the following link: Tax solutions
- Ledger linking: This allows automatic population of the tax pack, which we use to prepare your computation and return, directly from your ledgers. It simplifies and improves the accuracy of both the tax accounting process and/or the annual computation preparation process.
- Review only: We’ll undertake a high level review of the computation, return and the financial statements to help give you peace of mind prior to submission and provide potential opportunities for reducing your tax liabilities.
- Debt cap: We’ve created a flexible tool, designed to capture data, process calculations and potential adjustments, and provide you with the necessary reports to HMRC, to help you meet your extra compliance reporting obligations.
- Tax accounting: Where permitted, we can provide you with a fully integrated service for your tax accounting and compliance. We give you one point of contact for all information, which saves you time when collating data for different sources. By integrating information, from computations to tax accounting schedules, we can save you time, while reducing your costs and providing a consistency of tax treatments and disclosures in your computations and accounts.
- Corporate tax e-filing: Secure electronic filing of tax returns and documents through to HMRC’s gateway.
Multinational organisations
If you’re a multinational organisation and you need a coordinated, cross-border service, PwC's global network will be able to help you. It provides a compliance service which lets you retain control of your global tax compliance issues, risks and opportunities.
