What Are HMRC Compliance Checks?

HMRC (Her Majesty’s Revenue and Customs) is responsible for the collection of taxes in the UK. All taxpayers must be tax compliant, and the HMRC have the authority to run compliance checks on anyone. HMRC checks are not random, they will only investigate a company when they have reason to believe they are not compliant, and this could involve a quick check all the way up to a major investigation. Therefore, it is very important that when you run a business, your company tax return is correct.

A HMRC compliance check will look to see if the amount of company taxes you have paid is correct, and they will check your PAYE records and returns for your employees. This could be conducted by either HMRC Special Investigations, HMRC Local Compliance Fraud or HMRC Local Compliance.

How And Why HIVE360 Is HMRC Compliant

When you are a small to medium sized business, tax compliance can be a minefield. Therefore outsourcing to HIVE360 can be an effective solution to ensure your full compliance. We can take the responsibility for all of your tax liability to ensure you are always tax compliant. This is because at HIVE360 our expert team always works to best practice and we keep up to date with all of the latest legislation changes.

HIVE360 will become responsible for all your employment administration with HMRC. This means that we will manage all tax & NI calculations, ensure HMRC and RTI submissions are completed on time, ensure continual compliance against any legislative changes, and provide your employees with secure and encrypted GDPR compliant digital payslips using our HIVE360 Engage App.

Additional employment services that we offer that are covered within our employment support solutions including welfare support and benefits provision, payroll management and workplace pension management.

To find out more about HIVE360’s employment services, please get in touch using the contact form at the bottom of the page or call us on 0121 661 4851.