26
February 2024
26
February 2024
Much of the law on dividend payments is contained in part 23 of the Companies Act 2006 and is complex and therefore easy for directors to make mistakes around. It is therefore important for shareholders and directors alike to ensure that they stay on the right side of the law by knowing the answers to common questions that arise when taking money out of their limited companies and to know where to look for additional information where more complex questions arise.
21
February 2024
21
February 2024
The Economic Crime and Corporate Transparency Bill received royal assent on 26th October 2023, becoming the Economic Crime and Corporate Act 2023 (ECCTA). ECCTA contains a range of measures to tackle economic crime and improve corporate transparency. While parts of the Act deal with wider aspects of economic crime including enforcement over cryptoassets, money laundering and a failure to prevent fraud, much of ECCTA is concerned with the oversight and transparency of corporate structures in the UK and includes a significant overhaul of Companies House and the way it works.
5
June 2022
5
June 2022
The impending arrival of a new addition to the family should be an exciting and wonderful experience, but what does this mean for our rights and entitlements as employees and what duties does it impose upon employers? This article explores some of the main issues arising from both perspectives.
17
March 2021
9
November 2021
The government’s coronavirus support schemes will be extended beyond the timetable for opening up the economy, to help recovery. ICAEW’s Tax Faculty highlights the main Budget announcements. The wide range of support announced includes extensions to the two major income support schemes alongside extensions of financial assistance in other areas, such as universal credit, tax credits and stamp duty land tax.
10
March 2021
9
November 2021
The phrase “Turnover is vanity, profit is sanity but cash is king” was coined for a reason. Few things are more important to any business than cash flow, as with a healthy cash flow, you can pay your debts on time, sustain your operations and expand your business. Without it, you’re only a few missteps away from financial ruin.