It should come as no surprise that a UK company or partnership can be criminally liable if it pays a bribe to gain business. You might not be aware, however, that a business also commits a criminal offence if a person ‘associated with it’ bribes another person for the benefit of the business.
Archives for 2016
Don’t be taken in by HMRC phishing emails
‘Phishing’ is the term used to describe the fraudulent act of emailing a person in order to trick them into revealing their personal or financial information. HMRC has issued guidance to help its customers recognise when an email from them is genuine or fake.
Pension top-up window now open
The short, 18-month period for making Class 3A voluntary contributions to top up the State Pension has commenced and will close on 5 April 2017.
Fit for Work
When an employee is off work due to sickness for a long time, businesses, particularly small businesses, can find it difficult to cope.
New register shows who really controls the company
UK company law already requires certain information on directors and registered legal owners of company shares to be made publicly available but new legislation means that anyone doing business with a private company can see who really controls that business – its ‘beneficial owners’.
It doesn’t pay to ignore the Enterprise Investment Scheme
The Enterprise Investment Scheme (EIS) is now over 20 years old. Reaching this milestone is quite remarkable for a tax break as a change in government often results in the demise of one tax break to pave the way for a ‘new and better’ one. Here we look at why EIS is worth the consideration of companies and investors.
A tale of two income taxes
From 6 April 2016, when a fundamental change to the UK taxation system comes into effect, residents in Scotland will pay two types of income tax on their non-savings income.