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The UK is a leading player in global video games production, but tax relief is complicated and slow

04 August 2020

For those who thought playing computer games was ‘a misspent youth’, the industry is now worth over £3.86bn. Video games producers have a number of ways to maximise tax relief but it’s complicated and lengthy. Ahead of Brexit there is opportunity to enhance, simplify and strengthen our top position.

Ainsley Wainwright

Director

Ainsley is a Director in our Employer Solutions group which specialises in employment tax and expatriate tax.

June ONS Retail sales reveal full impact of UK Coronavirus pandemic
Jacqui Baker

24 July 2020

The latest ONS retail figures show growth for the first time since lockdown began at 13.9 per cent. Yet this presents a fraction of what is required to make sufficient inroads into the debt that retail businesses have built up during lockdown says RSM.

The rural community must speak up

21 July 2020

With a growing sense that capital taxes are set for reform, this presents grave concerns for the rural sector which relies on many capital tax reliefs for inter-generational planning. It also comes off the back of changes to subsidy support, trade tariffs and labour restrictions which already pose their own challenges. It is crucial therefore that the Office of Tax Simplification consults with the rural community and that the rural community voices its concerns.

Simon Jones

Associate Director

Simon specialises in private client tax, working with HNWIs, entrepreneurs and those with complex tax affairs, with a particular focus on rural and professional services businesses.

Changes to the tax regime post-coronavirus: 10 ways the rural sector could be affected
Sharon Omer Kaye

20 July 2020

The Office for Budget Responsibility (OBR) has estimated that the coronavirus pandemic will increase government borrowing by almost £300bn in 2020-21. For context, provisional figures for 2019-20 show HMRC’s total tax take was £634.7bn across all taxes.

RSM lends support to Lost Stock, the fashion initiative helping save garment workers lives
Ross Stupart

Leading audit, tax and consulting firm RSM is lending its support to Lost Stock by helping to run day to day finances. Launched by the team behind, Mallzee, Lost Stock was set up in the wake of coronavirus to help support garment workers in Bangladesh suffering as a result of cancelled clothing stock orders.

Businesses need a further cash boost to help them survive beyond the 4 July reopening date
Paul Newman

24 June 2020

With doors opening on 4 July and the two-metre rule now relaxed, it will be back to business for the leisure and hospitality industry. However, this crisis doesn’t end with the dialling down of coronavirus lockdown and the easing of distancing measures.

The ‘new normal’ is upon us, but will consumers take to the streets as shops reopen?
Jacqui Baker

15 June 2020


On Monday, non-essential retailers in England will open their doors for the first time in 12 weeks. The coming month will give an indication of consumer confidence and whether the recession we have now entered will be as deep as some fear.

Paul Minness

Partner

Paul is a corporate tax partner, providing transfer pricing and thin capitalisation advice to all clients in the Central and North West regions. The aim is to provide robust transfer pricing solutions to clients’ issues in a pragmatic way.

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