Technology and legislation continue to develop at breakneck pace. You may feel it’s time to take stock of how your department is coping, or you may be a senior manager who wants external validation that your payroll service is operating compliantly and effectively – before HMRC do that for you! It’s often a relief to the payroll department that the senior team acknowledge that they have faced significant challenges in recent years (and continue to do so), and they will be keen to get sign off that all is well, or garner support for additional resource and investment.
If you are a payroll agent you may be worried about the impact of auto-enrolment: What should my service proposition be? What are the roles and responsibilities for me and the client? Can I advise on pensions or be prescriptive about which providers I work with? What does Making Tax Digital mean for you – it’s not just about business it’s also about taxpayers and their relationship with HMRC and their employer.
I have worked with lots of employers, accountancy practices and payroll bureaus to carry out a payroll risk audit which usually takes two days on site, then a follow up visit to present my findings and discuss next steps. Previous audit clients are happy to provide a reference.
A health check can provide peace of mind and identify issues and cost saving opportunities.