02: How we can help
Employment tax can be a complicated area where there are both planning and compliance issues
- HMRC can levy penalties if the various returns are not made on time and if PAYE payments are late or incorrect. Our payroll administration systems will help you to keep on track.
- There are several possible strategies for extracting profits from a company tax-efficiently. We can advise on the different options according to your overall circumstances. It is important to start planning before the company year end to make the most of the opportunities.
- It is worth reviewing the fringe benefits that you provide for yourself and your colleagues. Their tax efficiency can vary from year to year as the rules evolve and your circumstances change.
- HMRC reviews and investigations into payroll, employee remuneration and expenses can be disruptive and sometimes expensive. We can advise on setting up compliant procedures that will help to avoid these as well as providing support where they occur.
- Many sub-contractors – notably but not exclusively in the IT businesses – have encountered the IR35 rules and felt their impact. We have accumulated considerable experience in this field and can advise on the most appropriate planning.
