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Person with Significant Control (PSC)

A person with significant control is anyone who owns more than 25% of a company's shares or voting rights, or otherwise has significant influence over how it's run.

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The PSC register

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Companies must keep a PSC register and report this information to Companies House, keeping it up to date as ownership or control changes.

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Tax rules depend on individual circumstances and can change. This glossary is general information rather than personalised tax advice.