Some 34,000 students are expected to look for temporary work in Yorkshire and the Humber this summer, and, with the World Cup adding more pressure to employers’ holiday rotas, a local tax specialist is warning local businesses not to score an own goal by skimping on the paperwork.
Research from Close Brothers recently found a quarter of SMEs are worried about staff absenteeism, 23 per cent are concerned productivity will drop, and 46 per cent are expecting more requests for leave.
However with the earliest kick-off times being at 5pm, UK time, David Underwood who runs TaxAssist Accountants in Harrogate believes this tournament may be less disruptive than previous events, so long as proper planning and reporting is in place.
“Small firms across Harrogate will be taking on students throughout this summer and with the World Cup putting even more pressure on employers’ summer holiday rotas and work schedules, it could be tempting to pay workers cash in hand to cut costs and avoid paperwork.
“But employers who don’t comply with employment law and RTI rules run the risk of financial penalties.”
TaxAssist Accountants Harrogate is a local business, operating across Harrogate, Knaresborough and Ripon, providing tax and accountancy advice and services purely to small businesses.