Employers are faced with many challenges, including the challenges in which changes to the legislation presents to them.
Furthermore, following the recent announcement by the Chancellor of the Exchequer that further funds are going to be made available to HM Revenue & Customs (HMRC), we are likely to see an increase in compliance reviews and enquiries. Our Employment Tax team provides a range of advisory and compliance services to help employers understand their obligations and how they can manage their risk.
We are starting to see HMRC undertaking enquiries into the Coronavirus Job Retention Scheme. Over the coming months, we will start to see an increase in the number of active employer compliance and IR35 enquiries HMRC will pursue to help minimise any loss of revenue to the Exchequer.
Employers should take proactive steps to help protect their position. At haysmacintyre, we can help with the drafting of internal policies but also identify any areas of weakness within an employers’ process which may need to be addressed. For further information, please contact Nick Bustin, Employment Tax Director.