If you have recently received emails from organisations you have previously dealt with, many of them will have requested your permission to continue holding data about you as part of their compliance for the GDPR which became mandatory for most organisations in the UK on the 25th May 2018. […]
Are you providing benefits to your employees in addition to their salary? If so, make sure you file your P11D forms by the 6th July
If you are an employer and you provide expenses or benefits to employees or directors, you almost certainly need to tell HM Revenue and Customs […]
You may already be familiar with the Data Protection Act (DPA), a piece of UK legislation designed to protect personal data held electronically. From the 25th May 2018, the DPA will be superseded by the General Data Protection Regulation, an EU wide regulation. But just in case you’re thinking […]
Modernised and consolidated insolvency rules have been laid in Parliament and will come into force on 6 April 2017.
The new rules replace the Insolvency Rules 1986 and their 28 subsequent amendments. They have been developed working with the insolvency profession and have been approved by the Insolvency Rules Committee.
Persons with Significant Control – A new register and regulations for UK companies effective from the 6th April 2016 – What is the PSC register?
What is the register of people with significant control (PSC)
UK companies, Societates Europaeae (SEs) and limited liability partnerships (LLPs) will be required to identify and record the people who own or control their company. Companies, SEs and LLPs will need to keep a PSC register, in addition to […]
Proposed incoming legislation requiring small businesses to digitally submit their information quarterly will lead to previously compliant individuals becoming non-compliant, according to The Low Incomes Tax Reform Group (LITRG).
The tax group is concerned that smaller businesses run by non-digital literate owners or those who do not keep up to date with their tax records may face sanctions from HMRC due to not meeting the new quarterly requirements.
The most at risk from failing the new system include older […]
In the Chancellor’s autumn statement there was a pledge that the government will invest £1.3 billion to transform HM Revenue and Customs into one of the most digitally advanced tax administrations in the world. Most businesses, self-employed people and landlords will be required to keep track of their tax […]
Comparison of public and private companies
There are numerous differences between private and public companies, some derived from statute while others are derived from practice. The general rule is that any company which is not a public company is a private company.
Very broadly stated the most important difference […]
This short guide provides an overview of some of the main legal requirements that will need to be complied with or considered on setting up a business in England and Wales.
Essentially, the main issues addressed are those of liability, capital commitment, business style and taxation. Some business models are […]
Not such a clear question following a recent case at the Court of Justice of the European Union.
In a recent legal case in Germany, the Court of Justice of the European Union (CJEU) considered the implications of linked enterprises when assessing whether an entity is an SME. The case […]