A company has failed to declare a benefit in kind for an employee for a number of years - total underpaid tax + NI approx £2,500.
What is the best way to settle this to ensure the employee is not hit with a nasty bill from HMRC? Would a letter to HMRC outlining the situation and summarising grossed up amounts due be the best way to proceed, in which it is made clear that the company would like to settle all tax & NI due?
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