As part of sweeping reforms under the Economic Crime and Corporate Transparency Act 2023, Companies House is introducing a new requirement: mandatory identity verification for all company directors and persons with significant control (PSCs).

A Confirmation Statement is a legal document to replace the long-winded Annual Return. It is quicker and easier to complete and is used to confirm the accuracy of key information held by Companies House.

As we all know, scams are rife with people trying to get hold of your money and digital details by a wide variety of means.

For some time now, HMRC have been stepping up their compliance activities to close the tax gap. In the wake of the pandemic the need to back-fill the huge hole in the UK’s finances meant that this intensified.

Salary sacrifice is a financial arrangement between an employee and employer that can benefit both parties. This concept allows employees to redirect a portion of their pre-tax salary towards specific benefits, often leading to tax advantages.