Precision Accountancy LLP

As part of our ongoing training to keep current with law changes and be able to provide the best services, yesterday we attended a webinar with over 1000 other accountants and payroll providers.

A question on was asked as to the current salary required to gain a qualifying year for state pension?
The options were:
A - £5,000
B - £6,500
C - £12,570
D - Other

SHOCKINGLY a staggering 43% of the participants got this wrong!

You will pleased to know everyone in our office was able to answer this (without the options)

⚠️ We’ve had reports of suspicious emails claiming to be from Companies House.

Real emails from Companies House will come from an email address ending GOV.UK.

When completing identity verification, please use the GOV.UK One Login website or app to stay safe from fraud.

Read about identifying potential fraud ⬇️ (link in comments)

Identity verification is a 2-step process: 1. Verify your identity now using https://gov.uk/ One Login or an Authorised Corporate Service Provider (ACSP). Once you’ve done this, you’ll receive your personal code. 2. Link your personal code to your company role. If you’re both a director and a person with significant control, or involved with multiple companies, you’ll need to complete this step for each role you hold.

Is your company’s confirmation statement due soon?

Make sure all your directors have verified their identity – you’ll need to include every director’s personal code on the confirmation statement.

Find out more about verifying your identity for Companies House: https://www.gov.uk/guidance/verifying-your-identity-for-companies-house

Planning to verify your identity with Companies House?

If you're a director of multiple companies, you only need to verify your identity once and use the same personal code for all your roles.

Read more about your personal code: https://www.gov.uk/guidance/companies-house-personal-codes-for-identity-verification

We’ve got some exciting news to share!

A huge congratulations to Alexandra and Amelia who both passed their exams this week! Your hard work, dedication, and determination have truly paid off, and we couldn’t be prouder to have you on our team.

Here’s to continued success and a bright future ahead — well done both!

“The best money I have ever spent”
The words of a client last week who had been overtaxed on a pension drawdown and with our help has a rebate of over £5,500 on way to her from HMRC

All ways be careful and if you receive anything you’re not sure about let us know.

⚠️ We've had reports of suspicious letters claiming to be from Companies House.

Please do not follow any instructions in this letter.

Read more about fraudulent letters: https://www.gov.uk/guidance/reporting-scams-pretending-to-be-from-companies-house -letters