Provision of Tax Advice and Tax-Related Services

Description

The University requires the establishment of a 2-lot Framework Agreement for various forms of Tax Advice. Lot 1: UK Tax Advice Lot 1 (UK Tax Advice) will include, but is not limited to: Corporation Tax - Corporation tax compliance. - Preparation of the annual corporation tax return based on inputs from the Tax Manager. The return must be finalised to be filed with HMRC to meet the statutory filing deadline. - One UK based entity with charitable status. - Review and submit to HMRC (including filing requirements of annual accounts e.g., iXBRL tagging). Finalised to ensure filing with HMRC by statutory filing deadline. - General ad-hoc tax advisory including but not limited to: provide guidance on implications for the University on changes in legislation and technological requirements of corporation tax, tax advice to ensure effective and efficient tax management across the University. - When requested by the Tax Manager, guidance to the University on tax matters relating to new developments, business plans, including but not limited to: advice and implications of corporate structures, proposals for tax efficient arrangements (maximising recovery without undue risk and administrative burden). -When requested by the Tax Manager, provision of strategic advice to the University on corporation and other tax matters (e.g., LBTT and charitable reliefs) relating to new developments, with specific input to tax aspects of business plans. Employment Taxes - General payroll and employment related tax advice. - Providing guidance and explanation of implications for the University of changes in legislation, including any changes which may be required to systems and processes (e.g., IR35, JRS or RTI). - Employer tax, social security and compliance obligations and preparedness for HMRC or other tax authority audits or reviews. - Payroll regulations and requirements and best practice processes to manage risks and control costs. - Employee remuneration, reward, and benefits (cost-effective arrangements, taxability, processing, and management – P11D, PAYE settlement agreements). VAT Compliance - Review annual partial exemption calculation, prepared by the Tax Manager. - Ad-hoc queries concerning VAT rating from the Tax Manager or Senior Accounting Assistant. VAT Advisory - General VAT advice as requested by the Tax Manager or Senior Accounting Assistant. - Provide guidance on implications for the University on changes in legislation including any changes which may be required to systems and processes (e.g., MTD or similar changes). - Advice of changes to VAT rates and the impact on the University. - Analysis and guidance on the set up of new Capital Good Sectors. - Option to tax advice and implications. - Ad-hoc VAT queries (e.g., provision of advice in relation to specific queries on VAT implications of contracts between the University and customers/funders specifically whether the supply is standard rated/zero rated or exempt). Custom Duty (Imports and Exports) - Ability to provide advice and support with ad-hoc Custom Duty queries from the Tax Manager or Senior Accounting Assistant. - General advice on application of Single Market rules including INTRASTAT.. Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 58 of the Public Contracts (Scotland) Regulations 2015. Lot 2: Overseas and Global Mobility Tax Advice Lot 2 (Overseas and Global Mobility Tax Advice) will include, but is not limited to: - General advice on overseas taxes including but not limited to and depending on the overseas jurisdiction: corporate, personal, VAT, WHT, digital etc. - Global mobility implications of employees working overseas to ensure the University and the employee(s) are fully compliant with local regulations and legislative requirements in-country. - Ability to provide, as required, an assessment of additional cost to the University because of overseas posting. - Advice in respect of overseas employer and employee tax, social security, and associated reporting, payment and/or filing obligations that emerge from having a globally mobile workforce with employees operating in various overseas countries. - Overseas planning to ensure collaborations/working arrangements between the University and other organisations are structured in a tax efficient way whilst ensuring tax compliance and efficiency to limit liabilities (e.g., to mitigate creation of a PE where/if applicable). - Advice and implications of overseas registration for the University and subsequent set up as and where appropriate (e.g., payroll operations, in country registrations, in country filing of returns and making payments as required). - Ability to assist in implementing payroll and reporting requirements in overseas jurisdictions. Advice may also be requested on shadow payroll and where tax, wage and benefits must be compliantly paid and reported, the University may also require that overseas payroll services are provided in the form of advice, set-up, implementation and management of payroll services in one or multiple host territories. Management of the payroll services will include the payment of wages on a frequency agreed with the University as well as annual reporting. Preparation of payslips and preparation of statutory payroll forms, as well as direct overseas payroll may also be required where the employee is required to be paid in the currency of the host territory. - Ability to assist in preparation and submission of return submissions in overseas countries if applicable. - Minimising tax liabilities without risk of non-compliance. - Providing guidance on changes in legislation for any overseas tax operations.. Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 58 of the Public Contracts (Scotland) Regulations 2015.