Is your service company doing you a disservice?

05.03.21 / Insight posted in Articles

A number of large professional partnerships own service companies, which employ the staff and recharge the partnership for the cost of doing so. Whilst there are often a number of very good commercial reasons for putting in place these structures, the cost of running them will get more expensive from 1 April 2023 following the…

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How to marry software choices with effective change management to accelerate digital transformation for SMEs

05.03.21 / Insight posted in Articles, MKS News

There’s an assumption that big companies with deep resources can invest in superior systems and accelerate their digital transformation at a much faster pace than smaller companies. But in reality, SMEs have many advantages. In fact there has perhaps never been a better time for SMEs to rapidly progress their digital transformation journey. With competition…

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Fintech investment remains strong in 2020

05.03.21 / Insight posted in Articles

At a time when the only certainty was uncertainty itself, fintech investments stood out as beacons of resilience in 2020. Our research shows the sector maintained investment volume during the extraordinary year, even as overall growth capital investments fell 11% over the same period between 2019 and 2020. “The figures are encouraging, though not surprising,”…

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Hosting and recording online sessions during the Coronavirus pandemic

05.03.21 / Insight posted in Articles

Schools are now generally more experienced and equipped to deliver online learning, with resources for delivering educational provision remotely. So, it remains of paramount importance that they follow the current government guidance on remote learning and ensure that they have safeguarded their staff and pupils from the risks associated with remote provision.

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Association Matters newsletter – March 2021

05.03.21 / Insight posted in Articles

Welcome to our latest newsletter, specifically written for trade associations and membership bodies. In this issue: New off-payroll working rules for contractors and consultants Challenging complacency: Are your e-commerce services at risk of a cyber attack? Supporting employee wellbeing during and post-pandemic Webinar: Ransomware 2.0 – cyber criminals raise the stakes again If you would…

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Tax Facts 2021/22

04.03.21 / Insight posted in Articles

Your online guide to UK tax rates for 2021/22.

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Budget 2021: Corporate & Business Tax

03.03.21 / Insight posted in Articles

With record low corporation tax rates, it was always likely that the Chancellor would see this as an area for raising revenue, and this has proven to be the case.  While the UK will still have the lowest corporate tax rate in the G7, it is more important to look at effective tax rates that…

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Budget 2021: Real Estate and Construction Tax

03.03.21 / Insight posted in Articles

In the March 2021 Budget, the government has followed the unprecedented approach adopted at the March 2020 budget in continuing massive central support for the UK economy. The level of borrowing and spending reported on and announced are truly ‘generational’ in their scale. The UK will be dealing with the aftermath of Coronavirus for decades…

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Budget 2021: VAT

03.03.21 / Insight posted in Articles, MKS News

As is often the case, the Budget contained various VAT-related measures that will be important to certain businesses and other organisations.   VAT reduction for the UK’s tourism and hospitality sector The temporary 5% VAT rate that applies to certain goods and services supplied within the tourism and hospitality sector, which was due to end…

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Budget 2021: Employment Tax

03.03.21 / Insight posted in Articles, MKS News

There were several employment tax measures in today’s Budget, with the most significant of these relating to the government’s continued support for businesses in light of the impact of Coronavirus.   Coronavirus Job Retention Scheme extension The Coronavirus Job Retention Scheme (CJRS) was previously due to end on 30 April 2021, and has now been…

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