PAYE Compliance A PAYE Audit is a tax investigation by HMRC to check that employers are meeting their legal requirements relating to PAYE, Benefits in Kind, National Insurance Contributions, payments and loans to directors.
These inspections can be a substantial burden on employers and their staff, and prove very costly in tax, interest and penalties. There can also be a global PSA settlement (PAYE Settlement Agreement).
This type of inspection requires a lot of input from the employer, to provide payroll records, petty cash vouchers, personal expenses, copies of P11D's, invoices and anything else the inspection team require.
If you or your client are subject to a PAYE inspection, then TICS will help you with these issues. I have many years' experience of dealing with the above enquiries and know what the HMRC are looking for. Specialist help and expertise can save large sums of tax, interest and penalties.
