Robust and comprehensive agreements from HMRC are a central and very important component for any employer looking to be tax compliant in the area of staff benefits and expenses.

Failure to keep agreements up to date, or not to have any in the first place, can be catastrophic to the business when HMRC come to do a PAYE audit and find lots of errors or gaps. Having solid HMRC agreements can also reduce admin for the employer as well as supporting robust internal processes and procedures when providing benefits to staff or reimbursing business expenses.

We believe EVERY employer in the UK should have a comprehensive and up to date P11D Dispensation in place (applied for correctly as mentioned in our blog on this subject) and MANY employers should also have a PAYE Settlement Agreement in place each year. Employers who have neither are just asking for trouble !

 

What support can Optimum PAYE provide ?


P11D Dispensation

PAYE Settlement Agreements