Understanding the Changes: ID Verification Requirements under the Economic Crime and Corporate Transparency Act (ECCT) As we move further into 2024, it’s crucial for businesses to stay informed about legislative changes that could impact their operations. One significant piece of legislation that has recently garnered attention is the Economic Crime…

Navigating SDLT Reliefs: Proceed with Caution When it comes to purchasing property, one of the significant costs that individuals and businesses must account for is Stamp Duty Land Tax (SDLT). At Property Tax Advice, we frequently receive inquiries from our clients about the reliefs available to reduce the SDLT payable.…

The ECCTA is part of the government’s response to the need to tackle economic crime in the UK. It received Royal Assent on 26th October 2023. The ECCTA is multifaceted and includes for example, provisions related to crypto assets and new intelligence gathering powers for law enforcement amongst other things, but…

The Economic Crime and Corporate Transparency Bill has now got Royal Assent, so significant changes are being made the identification process, company registration and filings at Companies House (and yes, there are admin, time and cost implications).  If you are a director or shareholder of a company, these changes affect…