Monthly Archives: June 2016

HMRC go live with Verify identity authentication

June 15th, 2016

Gov.uk Verify, the online service taxpayers will need to use to prove their identity before accessing HMRC’s digital services and other government online services, is now live. The central government platform for online identity assurance has been under development for some time by the government digital service (GDS) and has been available in a beta […]


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OTS examines potential for new trading vehicle

June 9th, 2016

The Office of Tax Simplification (OTS) recently published a series of recommendations following its simplification review of small company taxation (see OTS recommends simplifications for small companies, April 2016 newsletter). The review focused on incorporated businesses with fewer than 10 employees, known as ‘micro’ businesses, of which there are now some 4.1 million in the […]


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New PSC register requirements take effect

June 1st, 2016

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 […]


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