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Firm News

Keep up to date with the latest news at Bright Brown.

Changes to Annual Returns

21-May-2016

Changes to Annual Returns


Those of you running companies will know you need to file an annual return each year at Companies House, although the dates for these are not always easy to remember! From June these returns will be replaced by an Annual Confirmation Statement. Although they may ...

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Shareholder Transfers

18-May-2016

Shareholder Transfers


Did your company have a change of shareholders during the year ended 5 April 2016? If so, you may need to report this to HM Revenue & Customs by 6 July 2016 to ensure that no tax has become due on any transfers under the employment-related securities rules. If in doubt, seek professio...

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Changes at Companies House

13-May-2016

Changes at Companies House


Those of you running companies know who your shareholders and directors are, but can you identify the persons of significant control? From April companies and LLPs are required to maintain a register of these persons as part of their statutory records, and from June will be requi...

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Benefits in Kind

10-May-2016

Benefits in Kind


If you are an employer providing benefits to anyone by reason of their employment you should now be completing P11D forms for the year ended 5 April 2016 to report these to HM Revenue & Customs. Beware, you may be providing reportable benefits to someone who is not necessarily your employee, ...

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Minimum Wage Changes

19-Apr-2016

Minimum Wage Changes


Minimum Wage changes can cause confusion to many business owners.  The recent changes are no different. From 1st April 2016 following the introduction of the National Living Wage all workers aged 25 and over are legally entitled to at least £7.20 per hour. Em...

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Saving you from the traps of VAT

02-Mar-2016

Saving you from the traps of VAT


With Bright Brown handling your VAT needs, you can be sure that you are paying or reclaiming the right amount of VAT at the right time without incurring penalties for submitting your VAT return late or for getting your VAT return wrong. Let us help you to s...

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