Attracting and retaining key employees is an essential part of growing a successful business and can often prove a challenging area for entrepreneurial companies. This was featured at the recent Engage Invest and Exploit 2018 conference which highlighted that providing employees with an equity interest is usually the most effective method of achieving this.
There is broad agreement between global Tax Authorities that the means by which companies in the digital sector can be subject to corporate tax in overseas territories has not kept pace with the manner in which many multinationals today generate profits across multiple locations.
We have seen a number of number of high street stores trying to restructure their businesses in recent times using a process known as a CVA. New Look, Carpetright, Mothercare, Prezzo, Byron Hamburgers and House of Fraser are amongst the well-known names that have used the process to try and reach an agreement with their creditors to reduce their cost base and turn around the loss-making parts of their businesses.
Much has been written about adaptation, change and innovation in the Oil & Gas industry in 2017. E&P are leading the change agenda, especially in the North Sea and we are starting to see the Oil Services sector leading the way with it comes to big data and analytics.
It’s a bit like GDPR – everyone’s suddenly talking about Making Tax Digital for VAT (“MTD”) but many businesses don’t know what it means and how it impacts them, let alone what they might have to do.
Why not encourage your employees to self-serve online by activating their Personal Tax Account (PTA), as many of the queries your employees bring to you can be answered in their PTA. Fifteen Million people are already using theirs and is a simple way for employees to manage their tax affairs.