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Directors

IR35 (Off-payroll rules from 6th April 2021)

March 31, 2021

What is IR35?

If you’re not directly employed by your client in a traditional sense, but you use an intermediary (such as a Limited Company) to provide your services, the intermediaries’ legislation – known as ‘IR35’ – may apply to you. Broadly, an engagement will fa...

Directors' Loan Accounts

February 9, 2019

Tax planning

The opportunity to borrow funds from a personal or family company can provide an attractive source of cheap finance. In a family or personal company, transactions between the company and the individual directors are commonplace. A director's loan account is a simple mechanis...

Close Companies

February 8, 2019

What is a close company?

A company is close if it is UK resident and either condition A or B is met: Condition A: It is under the “control” of: Five or fewer participators, orParticipators who are directors. Condition B: That five or fewer participators, or participators who are directors togeth...

Auto-enrolment

February 6, 2019

What is auto-enrolment?

Automatic enrolment is a government initiative which aims to help people save more money for later life through a compulsory workplace pension scheme. This means that every employer, no matter what size, is legally obligated to provide a pension for all eligible employees. I...

Preparing for Data Protection Reform:

June 23, 2017

12 Steps to take now

The current Data Protection Act is due to be replaced by general data protection regulation (GDPR) on the 25th May 2018. GDPR is the biggest overhaul of data protection legislation for over 25 years and will introduce new requirements for how organisations process personal d...