Credit Union Tax

Key features of our Credit Union Tax Service

Our tax team are experienced at assisting Credit Unions with a wide range of tax issues including:

Corporation Tax Returns

Not all income is exempt and as Credit Unions diversify their activities more activities will fall within the charge to taxation.

Other Returns

Credit Unions are required to complete other returns such as dividend returns. We are experienced at advising on these returns.

Lotteries

It is important that these are set up properly otherwise it can lead to higher taxation charges. We have been involved with the setup of a number of Credit Union lotteries.

Employee benefits

The taxation charge on termination payments to employees can be complicated. In addition, different benefits payable to staff and Directors can lead to PAYE costs

corporate tax

Corporation tax rates

Click here for corporation taxation rates and deadlines (via Alexander Sloan main website)

personal tax

Personal tax rates

Click here for personal taxation rates and information (via Alexander Sloan main website)

Tax articles

Credit Union Payroll
Taxation

Budget 2020

The Budget had some big news for Credit Unions. The Chancellor announced that the Government was bringing forward reforms to the Credit Union Act to

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