Planning for the future
UNITED KINGDOM
Planning for the future - Dealing with debt

The Tax Academy

Region
UNITED KINGDOM
Information

The taxing issue

No matter what the crime is, taxpayers still have a legal obligation to deal with their tax affairs whilst in prison or on licence and are not sheltered, as some think, by being in the 'prison bubble'. This is particularly relevant to those that were self-employed on entering prison and need to complete self-assessment tax returns. Those that were employed when entering prison may also be due a tax refund.

Who we are

The Tax Academy CIC is a Social Enterprise that provides tax support to those that are in prison and under licence within the Probation Service.

It is the only prison body that specifically represents the prison sector through the HMRC Individuals Stakeholder Forum, giving you the prisoner ‘a voice’ within HMRC. It is also the only prison organisation that is a member of the HMRC Voluntary Sector Tax Resolution Service (VSTRS), meaning we deal with a specialist HMRC team not available to the general public.

What we do

The Tax Academy undertakes the following activities with the assistance of VSTRS. We can:

  • help you sort out your tax affairs while you are in prison, at no cost to you, by undertaking a four-year tax review to ensure your tax affairs are up to date prior to release
  • work with you on filing outstanding self-assessment tax returns, appealing tax penalties and managing tax debt with HMRC

Many of our clients in prison come back to us after release and commission us to provide ongoing tax support.

Paul Retout, founder of The Tax Academy, is a tax specialist, tax author and a regular contributor of tax articles to the prison newspaper insidetime.

Contact

The Tax Academy CIC
Unit 4, Ffordd Yr Onnen
Lon Parcwr Business Park
Ruthin
Denbighshire
LL15 1NJ

01824 704535
07833 276400
www.thetaxacademy.co.uk

Quote

I am writing to thank you for sorting out my tax affairs. You do not know how much this means to me. I had given up writing to HMRC and then I saw your advert in Inside Time. I have no help on the outside so what you have done means a great deal to me."