GDPR and Payroll: What Does Your Company Need to Do?

As you may have already figured out from the dozens of e-mails in your inbox, new data protection rules known as GDPR are coming into place, which aim to make peoples’ data more secure and give them more control. This means if you carry out payroll for accountants, or any…

Accountants wake up to new AML regulations

The Anti Money Laundering (AML) regulations have been in place for ten years. A fourth directive is expected to take effect before the end of June and is causing concern among some accountants. The latest directive includes most of the previous regulations with one significant addition. This is the creation…

Accountants wake up to new AML regulations

The Anti Money Laundering (AML) regulations have been in place for ten years. A fourth directive is expected to take effect before the end of June and is causing concern among some accountants. The latest directive includes most of the previous regulations with one significant addition. This is the creation…

Authorities Net Bigger HMRC Payroll Tax Take

Umbrella companies employing workers directly and invoice businesses for work undertaken have been a recent target for HMRC’s payroll tax investigation unit. Although many umbrella companies operate legitimately, HMRC maintains that many have not been paying sufficient taxes because of the way they manipulate payroll tax. In 2016, new legislation…

£705m collected in HMRC’s crackdown on payroll taxes

Umbrella companies which employ workers directly and then invoice businesses for work undertaken have been a recent target for HMRC’s payroll tax investigation unit. Although many umbrella companies operate legitimately, HMRC maintains that many have not been paying sufficient taxes because of the way they manipulate payroll tax. In 2016,…