The Reason

The Reason

Running any business today is more 5 to 9 than 9 to 5. There are more things to do than can really be done in a day. Then, on top of that, directors and the managers of businesses have many additional onerous fiduciary duties and responsibilities to perform; from ensuring efficient financial systems, internal controls and legal compliance, to appropriate methods of engaging with customers across Europe. Not to mention meeting the obligations of all tax and national insurance systems.

Any business is obliged to

  • Establish and maintain robust business and financial systems.
  • Ensure business compliance with UK and/or European employment law and employment tax legislation.
  • Ensure compliance with UK and European company law, statutory regulations and company secretarial matters.
  • Engage with customers under appropriately structured and compliant business contracts.
  • Meet the business obligations and responsibilities with regard to Corporation Tax, Value Added Tax and Payroll Taxes.

 

How you manage these responsibilities, and the companies you employ to assist you, is a decision worthy of careful consideration <