No Deal Brexit and its Impact on VAT

The government and HMRC have recently updated their ‘partnership packs’. The packs were created with the intention of helping businesses prepare for customs changes in the event of a ‘no deal’ Brexit. The UK is set to leave the EU on 29 March 2019, below are key changes that will affect VAT registered businesses trading…

Read More

Do I need to Appoint a Data Protection Officer (DPO) under GDPR?

Data Protection – responsibilities and compliance The requirements of the GDPR are significant, and even if you currently comply with existing regulations, you may need to update your current policies, develop new ones, and ensure that these are properly documented. This will necessitate, time, effort, and costs. “But do I need to appoint a Data…

Read More

Integrated Risk Management

Have you implemented the Pension Regulators guidance on Integrated Risk Management? The Pensions Regulator (TPR) published its guidance on Integrated Risk Management (IRM) in December 2015, and provided a five step guide to aid implementation. A quick integrated risk management guide for smaller schemes was published by the TPR in December 2016, aimed at trustees…

Read More

Coping with the Demands of Assurance: How to Reduce Cost and Improve Effectiveness – Part 2

Agreed upon Procedures A business may commission an “Agreed upon procedures” report, specifying a range of controls on which they wish to receive assurance that they are operating effectively. This may be used in response to requests from potential clients who would like re-assurance that certain controls on which they are reliant are effective. Internal…

Read More