Navigating the UK Economic Crime and Transparency Act The UK has entered a new era of regulation with the Economic Crime and Corporate Transparency Act. This landmark legislation redefines how finances and corporate practices are handled, prioritising transparency. It strengthens…
Did you know that over 1,400 UK businesses have transitioned to an Employee Ownership Trust (EOT) structure? This surprising statistic highlights the increasing popularity of EOTs as a means to promote employee ownership and drive business success. By selling their…
As an experienced accountant with over 18 years of industry knowledge, I understand the importance of effective pension planning and how it can significantly impact your retirement savings. Pension contributions are a crucial aspect of securing your financial future, and…
In family businesses, adaptability and strategic planning are important. Alphabet shares can help with this. They have different rights and benefits, like dividend rates and voting rights, which make it easy to distribute profits among family members. Understanding HMRC guidelines…
As a small business owner, I understand the challenges that come with running a company. One of the key considerations is ensuring that we can meet our financial obligations, including paying our employees fairly. The recent national minimum wage hike…
Importance of Shareholder Agreements and What They Mean In this article, I will discuss the significance of shareholder agreements and what they entail. Shareholder agreements play a crucial role in protecting the interests of all shareholders, including the majority shareholder,…