Vaneeta Khurana considers employers tax year-end processes and returns, and discusses some common mistakes
As the end of the tax year approaches, there are a number of employer returns to be submitted to HMRC related to benefits and expenses provided to employees. It’s important to ensure that employers have robust processes and controls in place to ensure that the information required to reported to HMRC is accurate and complete so that the correct amount of tax is paid to HMRC at the right time.
This article discusses some of the year end returns, the top 10 common pitfalls leading to the risk of non-compliance and how good governance can mitigate this risk.
Most common year end forms