With the introduction of Criminal Finances Act 2017, it is now important for every recruitment agency to create their Preferred Supplier List (PSL) and to ensure that the accountancy and payroll suppliers on it are fully compliant with HMRC legislation. This will help in protecting the business and avoid punitive actions.
Though the process of setting up a PSL system can be time-consuming, it’ll help create a proactive approach to supply chain management.
We have listed few important tips to create a successful PSL.
Check bank statements, last filed accounts, tax payments made to HMRC, any penalties incurred, etc.
Both are industry-leading regulators who audit accountancy and payroll providers to ensure they in compliance with HMRC legislation?
Reputation, experience, qualified, registered and located in UK– not overseas, bank account is held in UK, their partners for additional services like insurances, IR35 reviews, pensions etc.
Evidence of knowledge on legislations, strong internal control processes, GDPR compliant, provide auto-enrolment, all contracts available for inspection, policies for umbrella employees and MSC compliant for PSC’s.
Established in 2005, we are an award-winning firm with in-depth knowledge of the contracting industry, keeping you and your contractor’s safe.
We are an accredited member of FCSA and Professional Passport, the leading regulators of UK contracting industry. Our team is hands-on on every step, providing exceptional support and customer service.
At DNS, we take compliance seriously and have robust processes in place to ensure we are fully compliant.
Get the best advice on tax savings, accounting services, payroll, self assessment, VAT and more, whether you want to call us directly, request a call back or chat online with our experts, rest assured that we will always give you the best advice.If you have any questions, or would like to speak to us in person, please do get in touch. We're here to help.
DNS House, 382 Kenton Road,
Harrow, Middlesex, HA3 8DP
“I recently started my own company and in need of a good accountant. With my friends reference, I started DNS accountancy services and I am a quite satisfied with their service. My account manager Sneha Gurudutta was always responsive and guided me a lot especially during my company early days. Keep u the good work.”
“I have been DNS for the last 3 months and I am very happy with the service. My account manager Sneha Gurudutta guided me and helped me with all the major/minor steps with the account setup. The weekend support they provide is really helpful. I would definitely recommend DNS to all my friends.”
“Unfortunately my son passed away without leaving any contact name of his accountant. I was able to make contact with the firm through HMRC. The staff were very prompt, caring and supportive in settling his income tax account. I was extremely impressed with the efficient caring and supportive service received from all of DNS staff.”
“Been with DNS Accountants for more than a year I would highly recommened their services. My account manager Sneha has been very helpful and helped with accounts and queries swiftly always! Having a good accountant means you can fully focus on your business, not worry about accounts and tax matters. Thank you DNS :-)”
“I have been extremely satisfied with the service I have been receiving close to past 1 year. Very professional, transparent and helpful. Special mention of my Account Manager Minakshi Arora who made my transition very smooth and always ready to go that extra mile to support and make customer happy. Definitely recommended.”
“I've recently set up a Ltd. Company and signed up with DNS for my accounting services. I've found it very good value for money and hugely helpful in terms of advice and guidance. I have a named Account Manager, Sneha Gurudutta, who keeps in contact with me and offers advice on line and on the phone... I'm really pleased with the service.”