Downloads: Corporation tax

As a business owner, you are responsible for ensuring your company’s taxes are only used lawfully. And, like individual taxpayers, you can take peaceful, lawful, action to make sure your Corporation Tax is not used to fund war, genocide, or crimes against humanity.

Step 1: Set up your Corporate Taxation Trust
Use the corporate Taxation Trustdeed version for your UK location to hold funds covering all your tax-related business outgoings. These will likely include PAYE, NI, VAT, and business rates, as well as Corporation Tax. Fill in the form details, print, and sign the deed in front of witnesses, and then store the original securely. Never send an original deed to HMRC, or to anyone else. Send a copy. There’s more about setting up a Corporate Taxation Trust here.

Step 2: Open a dedicated corporate bank account
Set aside your Corporation Tax funds — and other business tax outgoings if appropriate — in a separate account to keep them ring-fenced from operational income and outgoings.

Step 3: Notify HMRC
Use the template letter to let HMRC know you are lawfully withholding Corporation Tax in trust — and explain why. There’s a list of recipients included with the template. 

Step 4: Keep records
Maintain a full paper trail of your exchanges with HMRC. Keep digital and printed copies of all correspondence, dates, receipts, and tracking numbers.

Step 5: End of tax year
At your year end — 5 April or your own tax year end — notify HMRC that you are not paying your tax as you’ve not had verifiable evidence that government funding for genocide and war crimes has ceased. Unless, of course, the UK government has provided cast-iron proof that your Corporation Tax is being used lawfully. In the absence of that proof, transfer the funds out of the ring-fenced business account, and create a new Corporate Taxation Trust for the forthcoming tax year. 

We go into much greater detail about this process in Setting Up a Corporate Trust, which is also included in the downloads packs.