Feb 17, 2025 | Business Regulation
Up to 17,000 people working in the animal welfare sector, including dog and cat breeders and sellers, may soon need to register with HMRC to renew their licences. HMRC’s recent 12-week consultation explored expanding tax conditionality rules to include breeders,...
Jan 8, 2025 | Business Regulation
HMRC has introduced a new Research and Development (R&D) Disclosure Service for companies that have made excessive claims and can no longer amend their corporation tax returns. The scheme is designed for businesses needing to repay overclaimed R&D tax relief...
Nov 25, 2024 | Business Regulation
HMRC has outlined changes to the reporting of benefits-in-kind (BiKs) expenses through payroll software, set to take effect from April 2026. Under the phased introduction, employers must report BiKs in real time via payroll software, except for employment-related...
Oct 23, 2024 | Business Regulation
Companies House is set to introduce significant changes to its enforcement and registration processes. These changes form part of the Economic Crime and Corporate Transparency Act 2023, which aims to crack down on fraud, money laundering, and abuse of the company...
Oct 17, 2024 | Business Regulation
Identity verification for all company directors and persons with significant control (PSCs) will begin in early 2025 as part of the Economic Crime and Transparency Act 2023 reforms. Over seven million directors will need to verify their identity before submitting...
