Neil Allcroft urges action on ID verification for directors & PSCs
Business leaders and entrepreneurs are being warned to act now to avoid being caught out by one of the biggest reforms of UK company law in decades. In a landmark move to bolster integrity and transparency in corporate governance, Companies House will introduce mandatory identity verification for individual company directors and Persons with Significant Control […]
Has HMRC reclassified your care home VAT strategy as tax avoidance?
A longstanding VAT strategy used within the care home sector, where a CQC-registered entity and a non-CQC-registered entity operate under a VAT group, has recently been reclassified by HMRC as tax avoidance. This change, announced in HMRC’s February 2025 Business Brief, marks a significant shift in the regulatory landscape and could have serious financial implications […]