Do you need a Legal Entity Identifier?

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From 3 January 2018, legal entities such as companies, trusts, partnerships and charities will need to have a Legal Entity Identifier (LEI) if they wish to trade on financial markets in the UK, or continue […]

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Cybercrime – beware of fraudulent emails and letters

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Cybercrime is on the increase as reports of fraudulent emails become increasing commonplace. What can individuals and businesses do to protect themselves? There has been an increase in the number of reported phishing emails (and […]

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Taxpayers warned of new tax office powers

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Individual taxpayers throughout the UK are being contacted by their advisers about new tax office powers to see overseas information. Bishop Fleming clients are being contacted as part of this government-led requirement. Financial and tax advisers […]

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End of surcharges is on the cards

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From January 2018, businesses will no longer be able to add any surcharges where a customer pays by credit or debit card, following an EU directive banning surcharges on Visa and Mastercard payments. However the government has gone […]

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Countdown to new data protection rules

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Following the government’s intention to introduce a new Data Protection Bill, businesses face new regulatory burdens in order to provide greater safeguards for individuals. And despite Brexit, the bill will incorporate into UK law the […]

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Voluntary overtime counts towards holiday pay

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Employers face a flood of back pay claims following a tribunal decision that payments for voluntary overtime can form part of “normal remuneration” for the purposes of calculating holiday pay. The decision in Dudley Metropolitan […]

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Watch out: Simple Assessments are on their way

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Whilst the tax office might be trying to get us all to go digital, it has decided to revert to paper for issuing new simple assessments. They will be hitting the doormat shortly. We have […]

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Rise in the state pension age

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Men and women who are currently aged between 39 and 47 will have to wait an extra year before they qualify for a state pension. A rise in the pension age from 67 to 68 […]

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Dividend Tax change in 2018

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Whilst it was hoped that the proposed reduction in the dividend tax allowance from £5,000 to £2,000 in April 2018 would not go ahead, due to it being dropped from the 2017 Finance Bill, this […]

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Brexit – Great Repeal Bill published

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The Great Repeal Bill to bring into UK law all existing EU law after Brexit has been published by the government. The 66-page Bill, entitled the European Union (withdrawal) Bill, is designed to remove from UK law the 1972 European […]

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