Under the Self-Assessment System (SAS), the onus is clearly placed on taxpayers and businesses to interpret and apply the tax legislation correctly in order to comply with their respective tax obligations. Essentially, the only way the MIRB can verify that these obligations have been complied with is by conducting a tax audit.
That said, it is essential for businesses and employers to be audit-ready at any moment, rather than scrambling to begin preparations only when the MIRB submits a payroll audit request.
Note: pricing is customised, contact us for more information.
0.5 day Classroom/virtual
This course aims to enhance and reinforce the current knowledge of those charged with payroll statutory compliance, preparing the Form EA and Form E reporting and as a refresher on employer tax reporting obligation.