February 20th, 2016

New changes that affect all companies

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The Small Busines Enterprise and Employment Bill came into force last year and we’ll be seeing some of the changes rolled out over 2016.

One of the first changes will be the introduction of the new People of Significant Control (PSC) register in June. The register will be required to be kept and maintained by all companies and there’ll be criminal convictions awaiting directors who don’t comply.

You’ll need to:

A PSC is an individual who meets any one of the following:

There’s additional rules in place situations where it’s a company or trust that controls the company.

For further help in making sure you’re meeting all your obligations then don’t hesitate to get in touch.

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Director

John manages a wide portfolio of owner managed businesses and oversees the smooth operation of the firm’s payroll department.

After obtaining his degree in mathematics from the University of Liverpool, John joined Jonathan Ford & Co in 2004 and qualified as a chartered accountant four years later. John likes to keep abreast of developments in tax and accounting and is responsible for the mentoring of junior staff.

Outside of work, John enjoys keeping fit and is a Liverpool FC season ticket holder.

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