Since the start of the new financial year on 6 April 2016, employment intermediaries have had to consider whether a person is subject to supervision, direction or control (SDC) in their work when deciding whether travel from home to work … Continue reading
Author Archives: Howard Roth
Is my email from HMRC really from the Revenue?
This is a question that is often asked of accountants, but how can you spot a fake email purporting to be from HM Revenue & Customs (HMRC)?
Changes to the rules on Directors’ Loans
The rate of tax on Directors’ Loans increased at the start of the financial year, on 6 April 2016, from 25 per cent to 32.5 per cent of any amount loaned to a shareholder during the previous accounting year, which … Continue reading
Credit ratings under threat from unaudited accounts
Under changes introduced by the Government in January, companies can now legally opt out of auditing their accounts if they fall below the £10.2 million statutory threshold, but they may risk their credit ratings by doing so.
Personal Service Companies in the Public Sector
The rules on using Personal Service Companies (PSCs) in the public sector are set to undergo a radical overhaul in 2017.