June 2016 Tax tips and News

Welcome…
To June’s Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.

We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice in your own specific circumstances. We’re here to help!

New PSC register requirements take effect

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From 6 April 2016, all unlisted UK companies, limited liability partnerships (LLPs), or societas europaea (SEs)  are required to maintain a register of the people who have significant control over them. This new register of ‘people with significant control’ is known as the PSC register, and its purpose is to identify individuals who ultimately own or control more than 25% of a company’s shares (or more than 25% of an LLP’s assets), more than 25% of the company/LLP’s voting rights, or who otherwise exercise control over the company or LLP and its management.  The introduction of the register is a central part of the UK Government’s G8 commitment to greater corporate transparency.
The requirements to keep a PSC register are set out in Part 21A of the Companies Act 2006, (as inserted by the Small Business Enterprise and Employment Act 2015, and supported by secondary legislation where necessary).

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May 2016 Tax Tips & News

Welcome…
To May’s Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.

We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice in your own specific circumstances. We’re here to help!

New credit card payment fees take effect

 

Clients may be interested to know that HMRC have introduced a new schedule of fees, which apply from 1 April 2016, and replace the former 1.5% fee. The new rates vary depending on the type of card used and whether the card is a personal or corporate card.

Broadly, the fees for paying using personal credit cards have been reduced and the rates for corporate credit cards have increased. The new rates can be found in the schedule to The Fees for Payment of Taxes, etc. By Credit Card Regulations 2016 (SI 2016/333).

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May 2016 Newsletter

Gogglebox comes to MJH!

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Are you looking for your next BIG BREAK? Do you like to be in the limelight? We can help launch your career! You may not be “treading the boards” on Drury Lane, but if you are a Chartered Accountant looking to take your career to the next level, then we can help. Send your C.V. through to mark@mjhaccountants.co.uk. Increase your repertoire! Don’t be stuck in the shadows – take centre stage with a company that’s really going places.

Team MJH are looking forward to being immortalised by Mr John Grayston of Lifestylefoto in June. We see John as our ‘creative director’. He has the unique skill to capture the natural essence of MJH on film. This will be Rosie’s first taste of John’s distinctive photography style (hope you’re bringing the step-ladder John) and it will see her welcomed formally into the MJH family.

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