9 March 2012
When HMRC carries out their next employer compliance visit, is your business at risk of falling foul? If you haven’t had a visit from HMRC in over three years, then you can expect one soon!
Liabilities can arise from innocent errors and insufficient understanding of complex tax issues, such as expenses and payroll. With fines reaching record levels, businesses must be prepared for when the Revenue comes knocking.
For many businesses, keeping up-to-date on changing regulations is one of the biggest challenges and can be a strain on both financial and human resources. This is where we can help.
In order to minimise or avoid the costs an HMRC visit, issues need to be identified early. That’s why our PAYE health check helps you recognise and address potential weaknesses in advance of an HMRC review. By meeting with your team responsible for payroll, expenses policy and authorisation, and employers’ and directors’ benefits, we can review your procedures and provide a report which highlights areas of concern and suggestions for improvements.
If, however, you have already had a visit from HMRC, we can advise on due diligence reviews of compliance procedures, and help you handle any issues the Revenue identify.
If you have any concerns regarding your payroll, find out more information on our health check service, by contacting Steve Durman or Stuart Daltrey.