HMRC claws in record ￡154m from tax status checks – Are you at Risk?

Tough crackdowns by tax inspectors on construction have yielded a 17% jump in revenue from investigations. Tax compliance yields have more than doubled in the last five years.

The increased yield from tax investigations indicate just how seriously HMRC are taking tax and employment compliance in the construction industry, and this trend is likely to continue in the future.

The construction industry is a target for HMRC and has been subjected to increasingly intense investigations with alarming penalties.

It is now more important than ever for companies to take action to ensure they are acting in-line with the HMRC regulations.

Any companies that fail to provide the correct paperwork risk paying up to six years’ worth of PAYE and National Insurance contributions, plus interest and up to 100% of the tax in additional penalties.

At Rock Contractors, our service enables companies to payroll sub-contractors within the construction industry on a long term basis whilst offering an indemnity to each of our clients protecting them from any tax liabilities and potential fines from HMRC or any potential employment rights claim from any worker.

We are a  well established specialist commercial contracting business with trusted legal and tax partners ensuring we remain 100% compliant with ever changing legislation which enables us to guarantee the tax and employment status of all your workers.

Why take the risk? Call us now for a no obligation chat on 0871 288 7011 or email [email protected]