Alan Nolan Director in KPMG's People Services warns of renewed and stringent Inland Revenue interest in whether companies are accounting properly for the tax and NIC implications of payments to staff and sub-contractors
It may not reach the 'News at Ten' but it's happening all the same. Major construction companies are finding themselves liable for millions of pounds in unpaid tax and NIC. Household-name contractor companies are facing seven-figure claims. The Inland Revenue is certainly turning up the heat on compliance.
The seasonal focus on getting the year-end returns in on time in a flurry of frantic activity may mask a ticking bomb of less obvious but potentially far more significant liabilities. And the Inland Revenue has powerful tools at its disposal. This increased administrative burden for employers comes at...
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Alan Nolan Director in KPMG's People Services warns of renewed and stringent Inland Revenue interest in whether companies are accounting properly for the tax and NIC implications of payments to staff and sub-contractors
It may not reach the 'News at Ten' but it's happening all the same. Major construction companies are finding themselves liable for millions of pounds in unpaid tax and NIC. Household-name contractor companies are facing seven-figure claims. The Inland Revenue is certainly turning up the heat on compliance.
The seasonal focus on getting the year-end returns in on time in a flurry of frantic activity may mask a ticking bomb of less obvious but potentially far more significant liabilities. And the Inland Revenue has powerful tools at its disposal. This increased administrative burden for employers comes at...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
