Foresight versus hindsight for Brexit vision

15.10.19 / Insight posted in Articles, MKS News

It’s better to have taken (potentially unnecessary) precautions than to wake up on 1 November in no-deal reality with ‘if only’ regrets. Since Boris Johnson first came to office as Prime Minister on 24 July, every day has seemingly brought a new twist to the Brexit tale. And still, the possibility of a no-deal remains…

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Moore Kingston Smith advises on sale of award-winning edtech company

24.09.19 / Insight posted in Articles

Moore Kingston Smith advised on the sale of HegartyMaths, a maths homework software solution, to Sparx, also a maths homework solution that reduces administration for teachers and allows them to spend more time on effective teaching. After working with our general practice and outsourcing teams since 2017, HegartyMaths were already aware of the high quality…

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Mergers and acquisitions in the marketing and media sectors – a review of Q2 2019

15.09.19 / Insight posted in Articles

The reduced M&A activity level at the start of 2019 has continued into the second quarter, matching trends seen in previous years – Moore Kingston Smith intelligence shows that activity traditionally drops off in Q2 before recovering in Q3. This quarter has seen a 32% drop in M&A for the marketing and media sectors, with…

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Moore Kingston Smith Licensed Insolvency Practitioners appointed liquidator of Inigo

02.09.19 / Insight posted in Articles

Ian Robert of Moore Kingston Smith Licensed Insolvency Practitioners was appointed liquidator on 19 August of Inigo, a sushi wrap kiosk in the City of London. Despite the fact that Inigo is in liquidation, it is hoped that the unique product, the high-quality brand and business concept may be re-established in the future. Ian Robert…

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Moore Kingston Smith Corporate Finance advises on sale of PR agency

01.09.19 / Insight posted in Articles

Moore Kingston Smith Corporate Finance has advised on the sale of PR agency, Flagship Consulting, to investor in fast-growing boutique agencies, Selbey Anderson. Flagship Consulting provides integrated marketing services to the financial and professional services, technology and travel sectors. Co-founders Jackie Murphy and Diana Soltmann, who established the agency over 30 years ago, will take…

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Reminder: Calculating holiday pay for irregular hours workers for schools

22.08.19 / Insight posted in Articles

Up until March 2018, employers calculated workers’ accrued holiday pay on the basis that holiday pay accrues at the rate of 12.07% for every day worked. With effect from March 2018, this figure must be replaced by 17.5% for term time employees and workers at independent schools who work irregular hours. The calculation is as…

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London Festival of Architecture: it really did have it all!

14.08.19 / Insight posted in Articles

I have to say hats off to the London Festival of Architecture team for yet another excellent demonstration of architecture in London. The festival highlighted the key challenges facing the industry in the short term, something a large number of practices have experienced. Many firms will need to be agile and willing to innovate in…

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Professional Firms Insight – Summer 2019

14.08.19 / Insight posted in Articles

In this issue, we examine two old tax issues facing professional firms that have reared their heads again in recent times. Firstly, following recent HMRC announcements, we look at the different ways that a partner can claim tax relief on business expenses paid out of their own pockets. Secondly, after several years of inactivity, it appears that HMRC are now checking compliance with…

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Tech update

13.08.19 / Insight posted in Articles

In this edition, we summarise our key takeaways from the Createch conference that took place in London in June. We also demystify some common misconceptions around R&D tax credits and guest author Pat Saini, Partner at Penningtons Manches Cooper, explores the immigration options for tech companies and entrepreneurs looking to bring talent to the UK.…

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Moore Kingston Smith FA Summer Bulletin

09.08.19 / Insight posted in Articles

Welcome to the Moore Kingston Smith FA Summer Bulletin that I hope you will find of interest. 2019 continues to be an interesting year and without mentioning the “B” word, it still remains very important to keep on top of your financial planning. This is where we can help you. In this bulletin, we talk…

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