PAYE Inspector is knocking on my door...HELP

  • Thread starter Thread starter regi
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R

regi

I run a small business with upto 10 - 15 staff and my accountant has given me the news that there is a PAYE inspection in the near future.

As I have not experienced this kind of scrutiny I would like to hear from other experienced managers who have dealt with PAYE inspections what i should expect.

My accountant reassures me that our books are in order but when it comes to Taxman I want to ensure I am prepared for the Inspection.
 
They come in and look at your files and just do some workings out making sure you are doing your sums right, you can ask them questions if you have any, they point out any mistakes, they leave ..... its nothing frightening ....
 
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If your accountant is comfortable all is OK and you are still worried, arrange for the inspection to be at your accountants office, with the records there.

Have the accountant sit in with you - there will be a discussion at the beginning and end of the inspection, but you and the accountant do not need to be in the room other than for the beginning and end.

Graham
 
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Doesn't sound like you need to be worried, however - the FSB (Federation of small businesses) have a great scheme to help here - t=membership costs around 100 quid a year however for that they will represent you at any legal hearings, tax hearing, vat hearings, pay for tribunal costs as long as you follow their solicitors advice etc - it could potentially save you thousands.... www.fsb.org.uk

Kate
http://www.martialdesign.co.uk
 
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