Remove the risk of becoming liable to HMRC
If your self-employed workforce is deemed as employed, HMRC can backdate unpaid tax and national
insurance for up to six years (or longer if they allege fraud).
However the future risk stops when you engage with Subby.
Use our Liability Calculator to check the risks
Results
HMRC Tax Liability
£0
Potential risk of backdated tax and National Insurance per year
£0
Potential HRMC fines and penalties
£0
Potential Total HMRC reclassification risk
£0
Potential risk for years of backdated
£0
Legal fees to manage process
£0
Future/Ongoing Reclassification Impact
Future Annual Liability with Reclassified (PAYE) Workforce
£0
ALSO, If HMRC find the need to reclassify and recover unpaid tax. This will also likely mean that going forward those individuals will need to be classified as PAYE workers and as such would require the company to pay them as such. This change could impact the future costs as follows:
Potential future/ongoing reclassification impact per annum
£0
Potential additional employee central costs (Sick pay, Paternity pay, Training)
£0
HMRC Tax and Future Annual Liability if you use Subby
£0