Today the food and drink sector is one of the largest and most important areas of economic productivity in almost every country in the world. With expanding consumer demand, businesses can naturally be exposed to unsafe and illegal practices within their organisation.
Since the historic introduction of Scottish Rates of Income Tax (“SRIT”) in April 2017, Scottish taxpayers have been subject to alternative levels of Income Tax on non-savings and non-dividend (“NSND”) income than those applied in the rest of the UK. Holyrood effectively proposed a significantly different Income Tax policy than that set by Westminster, and the result saw higher earners pay more Income Tax than south of the border.
Our clients have worked hard to build their wealth, and know where they wish to go. Yet, how do they get there?
Fundraising for start-ups or early stage companies has always been a challenging task as anyone who has seen the plucky contestants enter the Dragons’ Den on the hit television programme can agree. However, with a high number of food and drink companies emerging each year the competition to secure investment is becoming even more challenging.
HR and Payroll have come a long way in recent years. But go into many payroll offices, and you’ll still find the team processing data in the same way they always have. It is hard to believe that as we approach 2020, many businesses still rely on paper forms, spreadsheets and e-mails, but that is exactly how many still operate!
There is a difference between being agile and being flexible. Working in an industry such as ours, it is important to distinguish between the two as often such confusion or indeed misuse could lead to some difficult situations.
As Europe’s leading E&P event continues until the end of this week at SPE Offshore Europe, over 900 suppliers will be preparing to showcase their cutting-edge technology. Research and Development (‘R&D’) tax relief is a government initiative aimed to support such innovation – are you missing out?