HMRC may check your records (this can often be done by submitting an audit file by email to avoid a home visit compliance check) to make sure you paid the right amount of tax.- If you do not keep full records, HMRC may estimate what you have to pay and charge you a penalty of up to £3,000.
- We can store your payroll after you cease being an employer. Select options when you cease employment.
- You can also purchase additional secure storage to include production of an audit file.
- More information from HMRC is available HERE
Storing Your Payroll Records
You must keep payroll records for 3 years from the end of the tax year they relate to.
