The government has responded to the 3 consultations released in October 2024, as well as re-visiting an old consultation (issued by the previous government in 2023) relating to umbrella company regulation. Details of the consultation outcomes are available here.
Tag: compliance
Tax Risk Assessments
Not an exciting topic I know, but important all the same. Since the implementation of the Criminal Finances Act in 2017, and the ever-increasing burden of tax legislation and regulation on staffing businesses generally, the obligation to regularly assess and mitigate risk is no longer a “nice to have”.
But there’s very little guidance on how to complete a tax risk assessment, so I decided to give you all some practical hints and tips. Good luck!