We recognise that IPT is niche and not always a core function for finance teams which is why we offer a client money service for our IPT customers. The funds are held in a segregated bank account for our customers with reconciled statements being provided on a monthly basis.
A STREAMLINED PROCESS TO SETTLE IPT LIABILITIES
Based on data uploaded we let our customers know in advance the exact amount needed to settle each of their local IPT liabilities as they become due so there’s plenty of time to ensure the funds are available ahead of tax authority deadlines.
Once the funds have been received, we can then ensure the correct payments are made directly to the tax authorities in line with local legislation.
All receipts and payments with the segregated client bank accounts are reconciled with the submitted returns and monthly reports are provided.
COMPLIANCE PEACE OF MIND
- No need to tackle IPT alone, lean on our expertise
- Advance notice of IPT liabilities due
- Flexible currency options in line with the reporting currency of each territory
- Payments made in line with local legislation
– The right amount
– To the right account
– In the right currency
– And, always on time
- Fully reconciled monthly statements provided