Very sorry to hear about AV8. Good luck to everyone in the future and well done for ensuring everyone got paid before closing the doors.
Hughes500 has it absolutely right, the current level of auditing required is disproportionate and flies in the face of the Governments Red Tape challenge to reduce the administrative burden on small businesses.
Why do the Authorities insisting on treating all aviation operators as if they are airlines with loads of support staff and the ability to defray costs across a large volume of seats sold. When will they understand that this model does not work for small operators operating small helicopters.