Background In February 2022 the UK Government unveiled its long-awaited plans to improve corporate transparency and reform the company register framework, in a move widely regarded as having been accelerated (at least in part) in response to the conflict in Ukraine. In this blog, we look at how the changes could affect UK pension scheme … Continue Reading
The off-payroll tax rules (commonly known as IR35) are changing on 6 April 2020. Pension trustees who have members of their board paid for their services through a personal service company (PSC) may need to start making those payments net of income tax and NICs under PAYE. Although the rules have not been finalised (and HMRC … Continue Reading