05 December 2018
News that film-streaming giant Netflix is being investigated by HMRC might be seen as another example of US tech giants being caught out after bending the rules. After all, the critics say, with reported UK revenues of only £23.9 million and profit before tax of £1.1 million, there must be something wrong. To quote the Gershwin song 'It Ain’t Necessarily So'. We delve behind the headlines.
03 December 2018
The new digital services tax (DST) will add compliance duties on the taxpayer, and there is a substantial risk that it will introduce more complexity to the UK tax regime. Discover how businesses may face uncertainty as they struggle to define if their activities fall within the scope of DST.
22 November 2018
David Blacher, partner and national head of TMT at RSM predicts that whilst the short to medium term measures of the Digital Services Tax are targeted at global on-line businesses, the same tax system will, eventually, catch up with most tech companies.
Bart helps lead the RSM valuation team. His expertise is the valuation of private businesses, debt capital and equity capital; intangible assets such as IP, brands, and contracts; and certain derivatives. His advice is used for a variety of transactional, dispute, and financial reporting purposes.
01 November 2018
The Budget contained much of interest for companies operating in the TMT sector. This article is a summary of the main points though, as ever, there are many points of detail that will need to be worked through as more materials become available in the forthcoming days and weeks.
30 October 2018
Find out how lenders and directors could be at risk from insolvency changes in this year’s Budget Announcement. For information or advice click here.
29 October 2018
The Government targets large multinational digital businesses, introducing from 2020 a tax on UK related revenues. The Government will continue to cooperate with efforts internationally to devise a fairer way of taxing the digital businesses, but this proposal puts a marker down internationally while sending a political signal domestically.
15 October 2018
It’s nearly a year since the last Budget when the Government published a position paper setting out its proposed approach for addressing the challenges posed by the digital economy on the tax system. But where has this got to and why does it matter?
Accounting and Financial Reporting Director
Jon is head of the accounting and business advisory practice for the Nottingham and Leicester offices advising SMEs, owner-managed businesses and large corporates on a range of financial reporting, strategic planning and accounting issues to offer a value added service.
Jo leads RSM UK’s global compliance and reporting services (GCRS) project management team based in Milton Keynes. Jo works primarily with multi-national mid-market clients who are looking to transform and manage their international compliance, accounting and reporting responsibilities, together with the associated risks, through outsourcing and transformational solutions.