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Mystery benefactor sought to pay off student loans (but don't forget the tax!)

23 May 2019

A billionaire philanthropist in the US has this week offered to pay off the student loans of graduates at Morehouse College in the US – a pledge that's set to cost him $40m. Were a like-minded UK donor considering the same, they would be well advised to consider the tax implications in advance.

Further education seminars 2019

22 May 2019

Throughout June and July 2019 RSM’s further education specialists will be holding seminars to discuss the key challenges for the further education sector; providing examples and best practice advice on how you can ensure issues are managed effectively within your organisation. Join us on 20 June in Warrington or 16 July in London.

Weekly tax brief | 22 May 2019

22 May 2019

This week's articles are 'Who makes gifts & does IHT really matter?', 'Mystery benefactor sought to pay off student loans (but don't forget the tax!)', 'Could tax reform save the high street?', and 'When does the supply of fuel equate to a financial service?'.

Who makes gifts & does IHT really matter?

22 May 2019

HMRC has recently published a study examining the behaviour of ‘gifters’ - those who have, in the past two years, made a single gift of £1,000 or more, or multiple gifts of greater than £250 totalling more than £3,000. It is hoped that the findings will help simplify the inheritance tax legislation so that it is fit for the 21st century.

The impact of new energy and carbon reporting requirements on large unquoted companies, LLPs and quoted companies
Danielle Stewart OBE

21 May 2019

New carbon and energy reporting requirements have been introduced for large unquoted companies, LLPs and quoted companies, effective for financial periods beginning on or after 1 April 2019.

Pension scheme member communications webinar

21 May 2019

Join us in our upcoming webinar to hear from the RSM pensions team and Ferrier Pearce communications consultants to learn how effective member communications add value and mitigate risk.

Proposed amendments to FRS 102 for pension accounting
Danielle Stewart OBE

20 May 2019

The FRC is considering feedback on future changes to FRS 102 in relation to multi-employer defined benefit plans and the transition from defined contribution accounting to defined benefit accounting.

Make it in manufacturing - securing your workforce

20 May 2019

An ageing workforce and a skills shortage are longstanding issues within the manufacturing sector but how can manufacturers combat these challenges and secure their workforces for the future?

Securing new skills
Mike Thornton

20 May 2019

Recent data suggests that the national average percentage of vacancies that are caused by skills shortages is 23 per cent but in manufacturing, this figure is around 35 per cent. With potential workers increasingly influenced by more than just salary, it is important that manufacturers find ways to differentiate themselves from the competition.

Tackling an ageing workforce
Mike Thornton

20 May 2019

The average age of manufacturing staff has climbed beyond that of the finance, retail, hospitality and construction sectors. So what can manufacturers do to ensure they retain their existing talent whilst also encouraging knowledge and skills sharing with the next generation?

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