What is a PSC?

by | Sep 17, 2024 | Corporate Governance & Regulation

PSC stands for Person with Significant Control. It is a legal term used primarily in the United Kingdom under company law. A PSC is someone who holds significant influence or control over a company. Companies in the UK are required to identify and register their PSCs...

Trade Mark protection

by | Sep 17, 2024 | Business Support

To apply for trademark protection in the UK, you will need to follow these steps: Check if Your Trademark is Eligible Ensure your trademark is unique and not too similar to existing trademarks. A trademark can include a word, logo, slogan, or a combination of these,...

Higher rates of SDLT on residential property

by | Sep 12, 2024 | Stamp Duty Land Tax

The higher rates of Stamp Duty Land Tax (SDLT) were introduced on 1 April 2016 and apply to purchases of additional residential property such as buy to let properties and second homes. The higher rate is 3% higher than the regular SDLT rates and applies to the...

When dividends cannot be paid

by | Sep 12, 2024 | HMRC notices

There is a basic principle that dividends or other distributions must not be paid out of capital even if the Articles of a company authorise such a payment. For the purposes of this article, reference to distributions includes dividends. This is stated as follows in...