Insurance Premium Tax is a complex and unusual tax in that while it is the underwriter which is usually the “taxpayer” for IPT purposes, it is generally the broker which bears at least part of the cost of the IPT.
23 July 2019
The existing finance system was not scalable and could not support the businesses strong growth plans and the requirement for improved management information, find out what RSM did to help.
23 July 2019
This group's statutory reporting and monthly management reporting was being performed solely in Excel and it was hard for them to get useful MI out of the system. This is why NetSuite was the answer for them and why RSM were the firms chosen to implement it globally.
23 July 2019
A separately implemented version of Xero and a totally different system in Germany meant this organisation were unable to easily track intercompany transactions. Our TMC team helped them overcome this. Find out more here.
23 July 2019
This organisation was seeking to understand the financial impact in the sector of ‘open banking’ and focussed on three specific areas and this is how RSM helped them gain some insight.
12 July 2019
New figures from HMRC have revealed that three quarters of VAT-registered financial firms have yet to sign up for Making Tax Digital and risk missing the deadline to do so.
01 July 2019
New data obtained by RSM under a freedom of information request has revealed that financial services firms reported 819 cyber incidents to the Financial Conduct Authority in 2018, a huge rise on the 69 incidents reported in 2017.
24 May 2019
Damian Webb, Phillip Sykes and Mark Wilson of RSM Restructuring Advisory LLP were today (24 May) appointed joint administrators of three companies within the Lendy Group, operators of a peer to peer secured property lending platform.
08 March 2019
Draft legislation issued last week appears to be very good news for FS providers who supply services to recipients located in the EU, and who currently suffer a significant VAT cost on such supplies – resulting from VAT recovery on the costs associated with these supplies being blocked.
01 March 2019
In 2008 and thereafter it was the world’s Bank’s who faced significant impairments and losses as a result of their prior irresponsible lending. This necessitated global government intervention to support the banking sector to prevent the failure of leading institutions. A condition of this government support was increased regulation and actions to prevent 'irresponsible' lending by Banks.
