Director’s Loans

As a director, you have the right to take or give a loan to your company. However, there are certain rules you must follow and also adhere to the repayment deadlines if you’ve taken a loan from your company. If you’re starting a company, as a director you may give…

Employers can now order coronavirus tests for their employees

The HMRC has established an Online service that will allow employers to order coronavirus rapid lateral flow tests (LFD) for their employees. The procedure stays the same however in the scenario where employees have symptoms: they should stay at home and order individual tests. Here are the eligibility criteria for…

Student Loan Repayment Plan 4

Starting from 6th April 2021, the Government will be releasing a new Student Loan repayment plan for people on Scottish Student loans (SSL). The Student Loan Plan 01 which is currently used for Scottish SL repayment will be replaced with the SL Plan 04. Under the 04 plan, Scottish SL…

Pension Schemes Bill receives Royal Assent

On 11th February 2021, the Pension Schemes Bill received Royal Assent, thus becoming the Pension Schemes Act 2021. The Act covers a variety of modifications strengthening and expanding the powers of The Pensions Regulator (TPR) and in this form enhancing protections for pension saver. With the new Act, new sentences…

Frontier Worker permit

A frontier worker is an EU (EEA) or Swiss citizen who is employed or self-employed in the UK but is a resident elsewhere. Frontier workers who were working in the UK on or before 31st December 2020 can still enter the UK for work. However, they must hold a frontier worker…

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