Worried about a PAYE Inspection?
This area is becoming increasingly onerous. With PAYE and NIC audit teams carrying out control visits to clients, it is imperative that PAYE legislation is being followed and proper records maintained.
Past experience has proved that where significant underpayments of tax are determined – it is often the employer who foots the bill which, in some cases, can threaten the existence of the business.
By being closely involved with the preparation of our clients annual return form P35 and compiling information relating to benefits in kind, we can advise on the proper routine operation of PAYE and indicate any particular area where PAYE audit teams have had success in recent years.
Many clients prefer to utilise our expertise to provide them with a full payroll bureau service to relieve them of the routine requirements of payroll calculations. This we are able to undertake by using our specialist payroll department.
Our PAYE Healthcheck service is designed to find any PAYE issues before the Taxman does!
Why not call us in prior to any visit?
The healthcheck can...
- Review and sample check your payroll records for errors;
- Sample test the most common errors that the PAYE inspectors look for;
- Statistically analyse your completed PAYE returns;
- Sample check the completion of PAYE returns;
- Compare your PAYE returns against your annual accounts;
- Sample check leavers and starters to make sure they are correctly dealt with;
- Review statutory maternity pay, statutory sick pay, student loan deductions and working tax credits;
- Identify any workers where status issues may be a concern;
- Check completion of end of year returns;
- Review benefit in kind and expenses disclosures and calculations;
- Check expenses dispensations;
- Identify any PAYE planning opportunities.
We can also provide a similar service in respect of a CIS healthcheck for the construction industry.
For more information see our ...
- The basics of PAYE helpsheet
- The construction industry scheme helpsheet
