Provision of Tax Advice and Tax Related Services

Tender description

The University of Strathclyde is currently undertaking a market scoping exercise, under Regulation 41 of the Public Contracts (Scotland) Regulations 2015, to understand levels of interest in working with the University to establish a framework for Tax Advise and Tax related services. The University of Strathclyde requires a supplier/suppliers to provide Tax Advice and Tax related services. The University will require both Advisory and compliance related services from the provider. Additionally, as the University has an international presence overseas, Tax Advisory and Compliance services will be required for both UK and International requirements. It is anticipated that this requirement will be published as a multi-supplier framework opportunity. Lot 1: Corporate Tax Compliance It is anticipated that this Lot will include, but not be limited to: Preparation of the annual corporation tax return, based on inputs from the Tax Manager. Review and submit to HMRC (including filing requirements of annual accounts e.g. iXBRL tagging). Provide guidance on implications for the University on changes in legislation and technological requirements (e.g. MTD). Lot 2: Tax Planning It is anticipated that this Lot will include, but not be limited to: Tax advice to ensure effective and efficient tax management across the university. Analysis and guidance to the university on VAT matters relating to new developments, with specific input to VAT aspects of business plans, including but not limited to: - Advice and implications of corporate structures - Option to tax advice and implications - Consideration of transfer of a going concern - Proposals for tax efficient arrangements (maximising recovery without undue risk and administrative burden) - Analysis and guidance on the set up of new Capital Good Sectors. Provision of strategic advice to the University on corporation and other tax matters (eg LBTT) relating to new developments, with specific input to tax aspects of business plans. Lot 3: VAT Advisory It is anticipated that this Lot will include, but not be limited to: General VAT advice Providing 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). VAT rating Advice of changes to VAT rates and the impact on the university 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). Lot 4: VAT Compliance It is anticipated that this Lot will include, but not be limited to: Review annual partial exemption calculation, prepared by the Tax Manager. Lot 5: Overseas Tax and Global Mobility It is anticipated that this Lot will include, but not be limited to: General advice on overseas taxes (corporate, persoanl, VAT, WHT, digital etc). Global mobility implications of employees working overseas. Overseas planning to ensure collaborations/working arrangements are structured in a tax efficient way whilst ensuring tax compliance and efficiency to limit liabilities. Advice and implications of overseas registration for the university and subsequent set up as and where approriate (e.g. payroll operations, in country registrations, in country filing of returns and making payments as required) Minimising tax liabilities without risk of no compliance. Providing guidance on changes in legislation for any overseas tax operations. Lot 6: Employment Taxes (UK) It is anticipated that this Lot will include, but not be limited to: General payroll and employment related tax advice Providing guidance and implications for the university on changes in legislation, including any changes which may be required to systems and processes (e.g. IR35, JRS or RTI). Payroll regulations and requirements Employee remuneration, reward and benefits (taxability, processing and management - P11D, PAYE settlement agreements)