Are you concerned about the ever increasing burden of complying with changing tax regimes and the potential cost of simply making an error? Or have you been on the receiving end of an HMRC enquiry and have had to pay the cost of professional support, even if nothing untoward has been discovered?
This is a common complaint of many of the businesses and organisations we come across and with the prospect of a random selection everyone is potentially at risk. What you may not know is that HMRC have invested over £900m redeploying 2,500 officers into compliance this year with the intention of raising £7bn of additional tax.
But every business can't afford to have in house expertise to ensure that everything is correct and in proper order. Relying on your accountant is typically what happens. Accountants typically have significant experience on business tax matters but they may not be as experienced or knowledgeable on PAYE / NI / Benefits matters. And you will end up paying accountants rates for any up front work or healthcheck on your PAYE system.
The other option may be relying on fee protection cover from the likes of the Federation of Small Business. We have often found these types of cover are full of exclusions and restrict the support to a panel of advisers that you can use if you run into difficulty. This is a little like locking the stable door after the horse has bolted and will only help rectify any problems you may find yourself in.
The solution that we offer at Dataplan is a mixture of the best elements of both of the above. As a payroll outsourcing service company Dataplan have always been at the forefront of developing innovative ways to solve problems and provide enhanced payroll services. Having noted the above issue we are delighted to launch what we believe to be a UK first for a payroll outsourcing business.
Using our existing payroll expertise and the knowledge of our former Inspector of Taxes, Paul Chappell, we are ideally placed to offer a service that is proactive in identifying problems you have now, providing ongoing support for compliance issues and the professional support pre during and post any HMRC PAYE / NI Investigation, by the people who process and understand your payroll, without the worry of paying for professional fees.
For more information call Paul Chappell on 03331 123456.