As the legislation governing PAYE and NIC becomes more complex,
it is possible that errors or omissions are made which could
lead to further enquiries from other Revenue Departments
or a full PAYE investigation. All errors discovered on PAYE
Audit and Compliance visits are reported to the Inspector
dealing with the taxation affairs of your business and that
Inspector has the legislative authority to launch a full
investigation into your own and your business tax affairs.
Our payroll services can accommodate all your payroll requirements,
ensuring that your PAYE is always accurate. We will also prepare
your end of year Returns and make certain that you meet all
your compliance obligations.
P11Ds and P11D(B)
As part of our Payroll Services we can undertake the preparation
of forms P11Ds and form P11D(B) and calculate the Class 1a
liabilities and submit these to the Inland Revenue within the
statutory time limits.
We can also provide advice as to pay packages involving benefits
in kind to minimise tax and NIC wherever possible.
PAYE and NIC Health Check
It may be that you are satisfied with your current in house
payroll department but are you sure that you are meeting all
your compliance obligations.
We can conduct an in depth PAYE and NIC health check.
The advantages are;
Potential problem areas can be discussed and resolved prior
to the conduct by the Inland Revenue of PAYE audits or compliance
reviews.
Areas of ambiguity in relation to the correct treatment for
tax and NIC purposes can be resolved by discussion or negotiation
with the Revenue.
Where any major problems are discovered involving compliance
errors, early voluntary disclosure to the Revenue can lead
to a more favourable financial settlement.
A health check report will assist in identifying errors or
omissions and ensure that any improvements to compliance can
be made before the Inland Revenue discover such errors or omissions
themselves on a PAYE audit or Compliance review.
If you wish to know more about our PAYE service or would like
to arrange a free initial meeting in order to discuss how we
can help you in more detail please
contact
us.
The inception of self-assessment for individuals and partnerships has brought increased burdens on all taxpayers as it is now your legal obligation to meet the deadlines imposed by the legislation and avoid unnecessary fines and interest charges.
We are highly experienced professionals in this field and we can help you to meet all of your tax obligations whether you are a private client, a sole trader, a partnership or a Company Director.
Our range of services includes the following;
The preparation of personal, partnership and trust returns together with tax computations and corresponding with the Revenue and dealing with any enquiries under the self assessment legislation.
If you wish to know more about our tax service or would like to arrange a free initial meeting in order to discuss how we can help you in more detail please
contact us.
