3 Pointers For Passing Your PAYE Inspection

PAYE compliance visits can be a tricky business and should your business be selected, HMRC will delve into not only the payroll records but also the expenses and reimbursement procedures, benefits in kind, employment status and shareholder-director dividends.  Should they discover errors they can go back up to four years in order to track them. The initial … Continue reading 3 Pointers For Passing Your PAYE Inspection

Employer Beware! National Insurance Contributions On Expenses Can Be Significant

When Employers consider their exposure to national insurance contributions for Directors and employees, they tend to think only of the Employer's contributions due on the salaries paid. However, significant further NIC liabilities can arise in respect of benefits-in-kind. There are two types of potential NIC on benefits provided: Class 1 NIC - payable by both … Continue reading Employer Beware! National Insurance Contributions On Expenses Can Be Significant