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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.

Tax changes alone won't save the UK high street

28 July 2020

While Mr Sunak’s desire to help the struggling high street is laudable, tax changes are notoriously ineffective at correcting market imbalances created by commercial pressures. Large-scale tax changes such as the business rates review and the imposition of an online sales tax also take far more time to implement than the Chancellor has at his disposal. We assess the possibilities and suggest a quick fix which the Chancellor could implement now.

The temporary reduced rate of VAT for leisure and hospitality may not be as simple as it seems
Audrey Fearing

14 July 2020

The Chancellor’s Summer Economic Statement delivered on 8 July included various measures to support hospitality and leisure businesses during the coronavirus emergency. They included a targeted temporary VAT cut for supplies of hospitality, hotel accommodation and admission to attractions.

Key considerations for the leisure and hospitality industry during the coronavirus pandemic
Paul Newman

07 July 2020

A summary of the reliefs and support available to leisure and hospitality businesses during the coronavirus pandemic including a road map out of lockdown.

Bill Farren

Partner

Bill is an audit partner specialising in listed and AIM groups, private equity backed entities and growing/transacting businesses of scale. He joined RSM in July 2020, having spent the previous nine years at a Big 4 firm, with four as a partner.

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.

Online booms to a record proportion of retail sales spending in May
Jacqui Baker

19 June 2020

According to the latest figures issued by the Office of National Statistics, UK retail sales rebounded by 12 per cent when compared with the record falls in April, although May was still a difficult month for retailers with total sales down by 13.1 per cent on the pre-coronavirus norm

Automotive manufacturing

16 June 2020

Automotive manufacturers face many challenges and we have automotive manufacturing specialists that can assist you to ensure you are best placed to face these challenges head on.

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