ET – MINIMISE RISK, MAXIMISE COMPLIANCE, AVOID COSTLY MISTAKES
Employment tax is one of the most common costs businesses have to pay, and with income tax and National Insurance Contributions being over a third of the public purse, it’s vital it’s done right.
When it goes wrong, it can be costly, high profile and time-consuming, especially when it’s identified by HMRC first.
Many employers assume their employment taxes are effectively managed. Then, HMRC take a closer look and have a different opinion.
We’d recommend getting an expert opinion, before that happens. So, have you thought about giving your business an ET MOT?
OUR ET MOT HEALTH CHECK WILL:
- Highlight key risk areas – If HMRC were to review your business tomorrow, what areas would they be most interested in?
- Identify cost reduction opportunities – Our ET MOT doesn’t just consider errors. We also look to see where your business can make tax and NIC savings.
- Provide clarity – Our ET MOT provides reassurance, identifying whether there are any actions your business needs to take. It means you’ll be ready for any third-party review, for example by HMRC, or as part of due diligence.
Fill in the form to give us your details and one of our employment tax experts will get in touch. They’ll tell you more about our ET MOT service and the benefits, and we’ll talk you through our streamlined process. You can complete our online questionnaire in your own time.
Investing 30 minutes of time could save a lot of HMRC hassle longer term. You can also read more about the ET MOT below.
BOOK YOUR ET MOT
WE’LL MINIMISE RISK & MAXIMISE COMPLIANCE – DEAL?
Employment tax has been in the spotlight recently. The media has been shining a light on the challenges of paying self-employed people and deciding if that is the correct treatment. Also, naming and shaming companies for breaching National Minimum Wage regulations.
Given few businesses have dedicated in-house employment tax specialists, we’ve come up with an approach to help you minimise risk, maximise compliance and identify all your cost efficiencies.
THAT’S WHERE OUR ET MOT COMES IN
Our ET MOT is like the MOT you have on your car. It’s an employment tax health check for your business. We’ll make sure you’re operating within the current rules and where you aren’t, we’ll steer you in the right direction.
It’ll help you identify any problems before HMRC find it, so you can manage your tax risk and identify cost reduction opportunities.
Our ET MOT looks out for key tax issues that we frequently encounter when we undertake a mock HMRC review. And worse, the errors HMRC commonly find, when they carry out reviews.
Our ET MOT will highlight any risk areas and outline recommendations for anything that needs further exploration or fixing.
You’ll be firmly in the driving seat when it comes to deciding which areas merit further work or review by our team. Along with identifying any areas of concern, our ET MOT can offer reassurance, providing comfort that if HMRC were to review your business tomorrow, you would be able to demonstrate the business has taken reasonable care and is managing its risk effectively – all key factors to keep HMRC on side.
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