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HMRC makes backdated VAT policy change to termination fees

17 October 2020

In the past, HMRC has accepted that contractually agreed payments due in the event of a breach of contract, and thus amounting to compensation, were typically outside the scope of VAT, because they are not consideration for any supply of goods or services.

Six challenges for scaling tech businesses for 2021
Ross Stupart

16 October 2020

In this article we discuss the six challenges for scaling tech businesses for 2021 including accessing capital, business structures, succession, intellectual property and the Covid-19 bill.

A catalyst for change: New ways of working for the travel and tourism industry
Ian Bell

14 October 2020

As CJRS ends, the burning question on every senior leader’s mind will be workforce, and what next?

Travel sector heavily reliant on furlough scheme with new measures failing to provide support, finds research from RSM and ABTA
Ian Bell

14 October 2020

A new report from RSM and ABTA shows that 89 per cent of travel businesses made use of the Coronavirus Job Retention Scheme and 84 per cent expect to use it until the end of October.

Could a hard Brexit see the introduction of a higher rate of VAT on luxury goods?

13 October 2020

One of the skills of an accomplished Chancellor of the Exchequer is to use a single tax to achieve multiple political objectives. We review the UK’s pre-EEC experience of a purchase tax and ask whether a hard Brexit could see the introduction of a higher rate of VAT on luxury goods.

More than 600 jobs saved at Gusto, as RSM advises on successful CVA
Damian Webb

28 September 2020

RSM has advised Gusto Italian on a successful CVA (Company Voluntary Arrangement) securing the future of the business and more than 600 jobs.

Creative sector tax reliefs: special purpose vehicles – the opportunities and pitfalls

24 September 2020

Many creative sector businesses use special purpose vehicles (SPVs) to maximise their tax relief claims. Discover the opportunities and pitfalls of using SPVs.

Creative sector tax reliefs: opportunities and pitfalls explained

24 September 2020

Each creative sector tax relief has its own rules and requirements to consider in order to maximise a claim. We explore some of the opportunities and pitfalls.

Steve Hubbard

Partner

Steve is a partner at RSM.

Lindsey Cooper

Partner

Lindsey is a partner at RSM.

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