Wheelhouse Advisors is a specialist provider of prudential management, regulatory reporting, accounting, tax, human resources consultancy.
Head of Tax
This is reported via an online annual tax information return. Penalties are incurred for late submissions.
Her Majesty’s Revenue and Customs (HMRC) require that employers file an annual report capturing any employment related securities schemes or arrangements that have taken place in the tax year ended 5 April. There are a number of transactions that a firm might need to report. These include:
The reporting is made via an online submission to HMRC and must be completed by 6 July every year. If an employer has not previously made an online submission, they must register with HMRC online. Employers who have made past online submissions will be required to complete a submission even if no relevant transactions took place during that tax year.
Wheelhouse Advisors can help you to identify where you may have an obligation to report to HMRC and then assist in the completion and submission of your annual ERS returns. We aim to keep the burden on you as small as possible in this process.
We support your business in the way that suits your requirements best. We will work with you to scope a project and relationship based on your needs, not the other way around. We will provide you with access to prudential expertise that will help you identify, assess and document major sources of change driven by the IFPR and manage them going forward. Our consultants advise you on how to best prepare for the new Investment Firm Prudential Regime and assist with the ongoing obligations that result from it.