Specialist advice and support for those wishing to start up their own business, including the self-employed and those working under The Construction Industry Scheme.
This includes access to their own dedicated Business Start-Up Manager with whom they will work with for up to twelve months and who will support them with their tax affairs and handle all of the complexities of tax law, financial regulations and HMRC rules.
The support includes free business cards, marketing and website development, dedicated start-up loan advice and the completion of the first Self-Assessment tax return.
Specialist HMRC Support
Specialist tax advice and support for those who are having difficulty with HMRC-related issues including:
- direct negotiation with HMRC and agreeing outstanding debt;
- negotiating penalty and payment plans;
- late filing;
- failure to notify;
- determinations of tax in the absence of submitted Self-Assessment returns.
This is of particular relevance to prisoners who were self-employed prior to entering prison and are either interested in returning to their established business or who are interested in establishing a different self-employment business. By ensuring that their existing HMRC-related issues are resolved prior to release and any penalties successfully appealed, they can avoid the threat of prosecution and commence re-employment with a far greater chance of success.
Specialist support to people with claiming tax refunds, including those who were PAYE upon entering prison and have overpaid tax, plus self-employed / Construction Industry Scheme / ex-Armed Forces personnel who are entitled to numerous tax rebates on their travel, expenses, meals etc.
The average first tax refund claim, covering the previous four tax years, is worth over £1,500 on average but varies depending on personal circumstances and availability of pay, tax and expenses information.
By offering this service we use it as an opportunity to educate customers as to their entitlements with a view to ensuring that when they become self-employed, they will be able to be more financially resilient.