Expenses & Benefits policies

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Introducing and operating a formal policy will help to consolidate an employer's internal procedures, ensuring compliance with income tax and NIC legislation and minimising the risk of arrears being sought by HMRC.

We will review your systems and produce policies based on your specific requirements, taking into account your expenses and benefits mechanisms, internal authorisation procedures, and relevant legislation.

It is helpful to consider presenting such a document to HMRC when seeking employer taxes clearances. Its existence should also help if an HMRC audit takes place.

This page was last updated on Wednesday, June 04, 2008.

Adtax
3 Quayside Commerce Centre
Lower Quay
Fareham
PO16 0XR

Company Registration Number 4717913

Adtax was recently shortlisted for the LexisNexis Taxation Awards 2008 in the category of "Best Tax Team in a Boutique Firm".

We ensure that all of our ideas strike the right balance between being commercially attractive and tax efficient thus seeking to minimise the true cost to the employer.

Our aim is to provide employers of all sizes with a first class service which fully meets their current and future tax needs.

This will comprise forward thinking advice to assist employers who, in seeking to provide employee remuneration packages, meet the various and detailed HMRC rules covering the operation of PAYE and the correct in-year and end of year reporting obligations.