First of all thanks for this wonderful forum.
I recently applied for my Tier 1. Have been told that the case is under verification checks. I am the director of my ltd company. Have supplied my payslips/dividend vouchers/bank statements as part of income proof. Needless to say, everything is genuine and stamped by my accountant.
The verification checks are most probably with HMRC. My worry here is, during the initial months of my company, there were mismatches in the PAYE Tax in my salary-slip and the actual amount filed and paid to HMRC(Because of some error on accountant's part and some on mine). Later on I compensated the PAYE/NIC amounts by paying extra in subsequent months. But, as I mentioned there was a mismatch.
My question:
- If the enquiry goes to HMRC, will they match monthwise PAYE/NIC in my salary with those of HMRC records? Can that be a cause of worry?
- Should i ask my accountant to raise this as a mistake with HMRC and get their records corrected as per the actual salary/nic/paye in my salary slips. As the BIA hasnt checkd my records with HMRC yet, if the accountant gets the changes in place before that(hopefully), that would be neat(!?). Shhould i do this or just wait for the result to come?
I checked out the HMRC site and it is a common thing that employers commit mistakes in PAYE/NIC and they correct it later on.
Any help is deeply appreciated
.Thanks!