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Annual reporting is changing from April 6th – don’t be an April fool!

From 6th April 2016 the method in which relevant companies and LLPs file annual returns is changing. Where previously companies only needed to record the immediate, legal owners of their shares, a business is now required to identify relevant persons who ultimately have control of the company.

A ‘People with Significant Control (PSC)’ register will now be required along with a company’s ‘Confirmation Statement’, which will replace the annual return. This will continue to be filed on an annual basis.

Read more: Annual reporting is changing from April 6th – don’t be an April fool!

Aberdeen’s only provider bringing your small business accounting up to gold standard

It can sometimes be daunting when it comes to handling your business accounting, especially if you are a new business and haven’t had to undertake this responsibility before. From working out taxes and meeting UK legislation to making VAT returns and keeping track of invoices, there is so much to keep on top of.

Read more: Aberdeen’s only provider bringing your small business accounting up to gold standard