Persons of Significant Control – changes to Companies House Reporting

Persons of Significant Control – changes to Companies House Reporting

Last year saw a raft of changes come into effect at Companies House. Amongst the measures introduced was the requirement for companies to maintain a register of Persons of Significant Control (PSCs). New rules, which came into effect on 26 June 2017 mean that companies need to report all changes to their PSC information as they take place and will no longer be able to Read more…

Five ways to get more enjoyment from your money

Five ways to get more enjoyment from your money

While most of us invest a lot of time and thought about how to improve our finances, we do not tend to spend quite as much time looking at how our finances can improve our lives. But research is showing that not all wealth is equal, with some spending having a greater impact on happiness than other spending. Here are our top five ways to Read more…

Huge fines for employers stalling workplace pensions

Huge fines for employers stalling workplace pensions

Around 800,000 small businesses are yet to enrol into the Government’s flagship pension scheme, new figures have revealed. The Pensions Regulator, which published the report, said nearly eight million employees are now saving into a workplace pension, but thousands of employers remain non-compliant. Launched in October 2012, “auto-enrolment” requires all employers – no matter if you have one employee or one thousand – to set Read more…

Rules on directors’ tax returns are not as clear you might think

Rules on directors’ tax returns are not as clear you might think

According to the gov.uk guidance, a director must register for self-assessment (SA) and send a personal SA tax return to HM Revenue & Customs (HMRC) each year. However, this isn’t always the case. There are exemptions to this rule, one of which was recently highlighted at a tax tribunal. Mohammed Salem Kadhem has been a director of a property company since 21 May 2014. He’s Read more…