• Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

Payroll Fraud Investigation Increases

May 1, 2013

HMRC suspects that payroll fraud has risen 50% over the last two years, and it’s increaseing the number of investigations it conducts each year.

 

During the 2012/13 tax year, HMRC investigated 2,099 businesses suspected of evading national insurance and income tax – a rise from 1,350 in 2010/11.

 

Many of these firms are likely to have been struggling, using the tax money deducted from employees to keep trading. Others will have supplied the taxman with false information or failed to return correct P11Ds, which are used to reports benefits and expenses that aren’t put through the payroll.

 

But whatever the reasons, HMRC is now more likely than ever to investigate if your payroll isn’t accurate. So if you’re at all worried about your own payroll, get in touch – we’ll advise you on how to make it compliant and ensure you have nothing to fear from the taxman.

Please reload

Featured Posts

Payroll Fraud Investigation Increases

May 1, 2013

1/1
Please reload

Recent Posts
Please reload

Follow Us
Please reload

Search By Tags

Visit us...

565 High Road Leytonstone,

London E11 4PB

Call

T: (0) 20 8539 8400

F: (0) 87 0123 6456

© 2018 by Astute Accountants