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PSC Register (People with Significant Control) – NEW LEGISLATION

Coming in to force on April 6th 2016, the UK government now requires each company (no matter how small) to keep a register of the people that has significant control over the organisations activities (known as a PSC register). Non compliance can attract a penalty and it also a criminal offence. This article aims to summarise this new requirement, providing …

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Budget 2016 summary – largely positive for small business

On the 16th of March the government announced the 2016 Budget. In this summary we have focused on the main issues that affect small businesses. Full Budget – you can get it from HMRC here. Timing – some of these announcements come into effect now or shortly but many of them are for the year after or beyond. Largely a positive budget …

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ICAEW FCA (Fellowship) designation awarded

I was honoured to be awarded the coveted title of Fellow by the ICAEW this morning. In practical terms, this means I can use the letters FCA after my name, instead of ACA. But the FCA designation stands for a lot more than this. Achieving ACA accreditation in itself is gruelling – requiring some 3 – 5 years practical work experience and …