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Self-assessment is a system of calculating and informing HMRC of the amount of income tax payable in a tax year. Unlike employees whose taxes are automatically deducted through PAYE (Pay As You Earn), those with additional income or business income or other specific circumstances must declare their income and liabilities through a self-assessment tax return. … Continue reading
Identity verification of new and existing personnel is one of the significant measures being introduced by the Economic Crime and Corporate Transparency (ECCT) Bill – a bill sponsored by Home Office and currently at Committe stage in the House of Lords (as at 7 April 2023). In summary, directors and PSCs of new and existing … Continue reading
Phoenix Debola 