Payroll Tax Investigations (Part 3): What Can Be Done When the Revenue Office Comes Knocking?

Payroll tax risk is easier to manage before an audit starts.

In the final episode of this Explain That series on payroll tax investigations, Andrew Henshaw is joined by Rajan Verma to discuss what businesses can do when the revenue office comes knocking, and why preparation should start before an investigation begins.

Following Part 1, which introduced payroll tax and why it matters, and Part 2, which explained how payroll tax investigations work, this episode focuses on practical steps businesses can take to reduce payroll tax risk and respond more effectively if selected for audit.

The discussion covers:

• how businesses can prepare for a payroll tax audit before one begins;
• why well-maintained payroll records matter;
• the importance of correctly classifying contractors;
• why businesses need to understand the grouping rules;
• practical steps that can reduce payroll tax risk;
• recent legal cases involving medical practices;
• the Uber ruling and what it illustrates about the evolving payroll tax landscape;
• why payroll tax law is continuing to develop; and
• best practices for businesses and advisers managing payroll tax exposure.

A practical discussion for business owners, accountants, payroll managers and advisers dealing with payroll tax compliance, contractor arrangements, grouping rules, state revenue office reviews or payroll tax audit risk.

For advice on payroll tax investigations, contractor classification, grouping issues or payroll tax compliance, contact Velocity Legal’s Tax team.