for Your Business
Personal and Stakeholder Pensions
Personal and Stakeholder Pensions are common types of registered pension schemes. A registered pension scheme allows the member to obtain tax relief on contributions into the scheme and tax free growth of the fund.
Occupational Pension Schemes: Trustees' Responsibilities
Many employers offer their staff an opportunity to save for their retirement through an occupational (or company) pension scheme. We outline in this factsheet the main responsibilities of occupational pension scheme trustees.
Charities : Trustees' Responsibilities
It is often considered an honour to act as a trustee for a charity and an opportunity to give something back to the community. However, becoming a trustee involves a certain commitment and level of responsibility which should not be underestimated.
Money Laundering and the Proceeds of Crime
Recent times have seen tough new rules introduced to crack down on money laundering and the proceeds of crime. The new rules affect a wide range of people and in this factsheet we consider how your organisation may be affected.
High Value Dealers
New regulations aimed at preventing money laundering became effective early in 2004. Known as the Money Laundering Regulations 2003 (the Regulations), these placed new onerous registration and procedural requirements on businesses that deal in goods and accept large cash payments. These were updated and replaced with effect from 15 December 2007 by the Money Laundering Regulations 2007.
Limited Liability Partnerships
From 6 April 2001, there is a business vehicle in addition to companies, traditional partnerships and sole traders. It is now possible to run your business using what is known as a Limited Liability Partnership (LLP).