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Raising Revenue

Raising Revenue
Alison Clynes
Written by Alison Clynes
Monday, 16 November 2009 10:00

Whenever questioned, senior managers at H M Revenue and Customs will assure everybody that their primary job is to ensure individuals and companies pay the correct amount of tax. They are not looking to catch anyone out.

However, the government needs to increase the amount of money it collects to deal with the ever increasing burden from the money it has borrowed in recent years. Politicians never seem to trust the public when it comes to financial matters so will look to raise taxes through the backdoor. That is, raise the amount that employees or employers will have to pay without actually calling it a tax rise. This has the unfortunate side effect of it being very difficult for anybody to keep thoroughly up to date with their obligations under the taxes acts.

It is no wonder that more and more employers are turning to a payroll company. After all, the cost of your own in-house expert on payroll taxes is often prohibitive. In addition, how sure can you be that the person you have chosen is completely on top of things? Whilst complaints from employees will alert you to possible problem areas, unless there is an inspection by H M Revenue and Customs, you may not realise rule changes have not been implemented until many years down the line.

We at Dataplan Payroll are a payroll solution and are happy to take away the worry from your payroll services so that you can concentrate on those areas of the business where you can be most effective.

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