From 6 April 2020, new tax rules are proposed for individuals who provide their personal services via an ‘intermediary’ to a medium or large business. An intermediary may be another individual, a partnership, an unincorporated association or a company. The most common structure is a worker providing their services via their own company (PSC) which is the term used in this lette ...

The government has launched a consultation on proposed reforms at Companies House, including a 'major upgrade' of its register. The consultation aims to tackle misuse of the register. It also strives to provide business owners with 'greater protection from fraud'. The consultation seeks views on a series of reforms to limit the risk of misuse: knowing who is setting up, ma ...

A taskforce has recovered more than £5 million by tackling dishonest dog breeders selling pups on the black market. HMRC set up the taskforce in October 2015 after discussions with animal welfare groups that were concerned that tens of thousands of puppies were being reared in unregulated conditions and sold illicitly every year. The taskforce uncovered fraudsters selling pupp ...

Tax

Stay up to date with the latest tax and accounting news prepared by Ward Williams. Read our latest newsletter here: Ward Williams Newsletter June 2019 To receive our latest copy of our news please email sarena.harwood@wardwilliams.co.uk or sign up on our website. We have also prepared newsletters specific to Charities Solicitors & Property Investment & Development. ...

With Making Tax Digital for VAT now underway we wish to make sure that all our affected clients are ready for the next milestone. Where Ward Williams assist with filing a business VAT return we will be liaising or arranging with that business to ensure that it is signed up at HMRC for MTD at the appropriate time.  For other businesses then the sign up is at https://www.gov.uk/ ...

As a member of the Society of Will Writers (SWW), you must abide by their three compulsory requirements of Membership. These include ongoing training and development, code of practice compliance, and a comprehensive insurance policy to cover estate planning activities. Choosing a qualified and knowledgeable Will Writer based on their track record, their expertise and how they w ...

An individual with assets at their disposal may be prepared to make absolute gifts of those assets to relatives or friends, as steps towards inheritance tax (IHT) planning. Whilst a direct gift has the benefits of simplicity, there are a number of reasons why an individual may not wish to make outright gifts, such as loss of control, the age or personal/financial circumstances ...

IHT, Tax

Stay up to date with the latest tax and accounting news prepared by Ward Williams. Read our latest newsletter here: Ward Williams Newsletter June 2019 To receive our latest copy of our news please email sarena.harwood@wardwilliams.co.uk or sign up on our website. We have also prepared newsletters specific to Charities, Solicitors & Property Investment & Development. ...

HMRC has published a list of businesses that have not met their obligations under the Money Laundering Regulations. As a supervisor of the Money Laundering Regulations HMRC has a duty to publish details of businesses that have been penalised for not complying with the regulations. HMRC advises that it considers cases individually to decide whether to publish details in full, ...

Our Charity News includes useful guidance on reserves, risk including cyber breaches and the first digital code of practice. We also consider the impact of conflicts of interest, related parties and non-charitable connections and other pertinent issues giving you the inside track on the sector's current hot topics and latest guidance. Read our latest newsletter here: http://bi ...