Employees are the most important part of any business – without employees the business cannot function. Many employers look for innovative ways to ensure that the employee’s are rewarded tax efficiently and remain highly motivated. There are numerous ways including cash incentives, varying types of benefits in kind and share incentive arrangements. All these can be attractive to employees but it is important that employers get the balance right.
As well as ensuring that employees are rewarded for their services, employers must also ensure that they are compliant with the UK tax regulations. This is no small task with the government and HM Revenue & Customs constantly changing the rules, introducing new requirements and strengthening the penalty regime for compliance failure. Large businesses already have the requirement to certify that their processes and procedures produce the correct tax calculations under the Senior Accounting Officer regulations and many smaller businesses are following these to ensure that they are also compliant should HMRC come calling! In today’s climate we believe that businesses should lead the way in being compliant and not fear a visit from HMRC.
Our experience
We have significant experience in the area of assisting companies meet their PAYE/NIC obligations in the UK. We have advised businesses from global organisations through to local businesses, helping them to introduce policies/procedures and where necessary voluntarily disclosing errors and negotiating settlements with HMRC.
Our Employer Solutions services are handled by Paul Spenceley, who has specialised in employment taxes for over 30 years and is currently a member of the Chartered Institute of Tax technical sub-committees on both employment tax and the management of tax. Prior to joining TAP Paul worked for a Big 4 firm dealing with personal tax, employment tax, The Construction Industry Scheme (CIS), expatriate tax and share schemes.
Our Services
At TAP we are able to offer our clients Big 4 expertise, but with a more open and flexible approach to client service and fees.
Our team can advise on a substantial area of Employer Solutions issues, including the following:
- Resolution of complex PAYE/NIC issues
- Support on tax investigations including settlement negotiations
- Employment tax risk reviews, including reviewing policies/procedures from a Senior Accounting officer perspective
- Expense policy reviews from a tax perspective
- Employment status reviews
- Assistance and guidance in relation to completing forms P11d, payrolling of benefits, PAYE settlement agreements, trivial benefit rulings, share scheme reporting, third party benefits and taxed award schemes
- Advice and implementation of tax efficient remuneration packages including salary sacrifice arrangements
- Construction Industry Scheme including registrations, system reviews, gross payment applications and appeals against HMRC decisions
- Due diligence work
Employer Solutions Service Team
Our Clients Love us
Scroll through the testimonials from our Employer Solutions clients.
Excellent quality of work and very responsive to our demands
Exceptional service and patience! We really value the effort and support they have given us as a new start up.
Exceptional turn around time on any questions/problems presented
Good advice about the closure of a ltd company, options have been explained in an understandable manner.
I needed some specialist tax advice in respect of a complicated capital reduction demerger, a partial buyout of my company. Without specialist advice the tax hit was going to be huge.
TAP Advisory were recommended to me by my accountant, and my solicitor was also very complimentary about TAP when they found out we would be working with them. Tap's reputation preceded them.
The fees TAP charged were reasonable in my eyes, and small in comparison to the money they saved me, I was VERY grateful for the advice and guidance.
TAP were great to deal with throughout, they kept me in the loop in laymans terms and liaised well with the other professionals looking after my interests.
I could not recommend them enough in respect of their extensive knowledge and experience.
In our company we see our TAP contact very much as one of our team. For example we see him as more of a part time employee than a service provider. To this extent he has always acted into his manner available whenever we need him and on demand. I have never thought of TAP as having other clients (even though I know they have), because the client servicing is amazing.
Personable, communicative and responsive
Excellent quality of work and very responsive to our demands
Exceptional service and patience! We really value the effort and support they have given us as a new start up.
Exceptional turn around time on any questions/problems presented
Good advice about the closure of a ltd company, options have been explained in an understandable manner.
I needed some specialist tax advice in respect of a complicated capital reduction demerger, a partial buyout of my company. Without specialist advice the tax hit was going to be huge.
TAP Advisory were recommended to me by my accountant, and my solicitor was also very complimentary about TAP when they found out we would be working with them. Tap's reputation preceded them.
The fees TAP charged were reasonable in my eyes, and small in comparison to the money they saved me, I was VERY grateful for the advice and guidance.
TAP were great to deal with throughout, they kept me in the loop in laymans terms and liaised well with the other professionals looking after my interests.
I could not recommend them enough in respect of their extensive knowledge and experience.
In our company we see our TAP contact very much as one of our team. For example we see him as more of a part time employee than a service provider. To this extent he has always acted into his manner available whenever we need him and on demand. I have never thought of TAP as having other clients (even though I know they have), because the client servicing is amazing.
Personable, communicative and responsive
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