For most businesses, one of the largest single items of expenditure is payroll, with PAYE and NIC as the largest tax payments.
Alvarez & Marsal Taxand UK is able to assist businesses in optimising tax compliance and maximising tax and NIC efficiency of cash and benefits paid to employees, as well as the method and systems used to pay and reward them. This is especially relevant now given the pressure on HMRC to collect revenue and take a harder line with employers who are not fully compliant with their tax and NIC affairs.
Our senior team has extensive experience of working in-house and can give the most relevant advice, since we understand businesses and their internal processes. We also have experienced the challenges and rewards of linking up the Finance, HR, Tax and IT functions, and can assume the responsibility of managing a client's in-house employment tax function, when appropriate.
Our Employment Tax services include: