An ex-Director allegedly stole in the region of £100K from our company over a period or two years.
The company provided for a potential liability for PAYE and NI on the theft within it's year-end accounts. The auditors disclosed the provision to the Revenue who have now issued a demand for PAYE, employers and employees NI plus interest.
The company have reported the (alleged) theft to the police and may be able to bring legal action (but no guarantee of recovery). Does the Revenue have a valid case to made this claim or are they merely being opportunistic?