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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.

7 reasons why the CUC HE Audit Committees Code of Practice is good for the sector
Lisa Randall

03 August 2020

The Committee of University Chairs (CUC) published its Higher Education (HE) Audit Committees Code of Practice (the Code) in May 2020. The updates to the Code are certainly welcomed in particular during these unprecedented times with significant change, uncertainty within the sector and changing risk profiles.

Paulina Redel

Associate Director

Paulina is an Associate Director in our outsourcing team - helping clients to deliver their financial statements in compliance with local regulations across 40 countries via the application of automated tools, standardised processes and the best practice solutions.

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.

RSM calls on Government to extend Corporate Insolvency and Governance Act relief
Paul Newman

23 July 2020

RSM will call on Government today to urgently consider extending the temporary Covid-19 regulatory relief – the Corporate Insolvency and Governance Act – to three months beyond the date on which it is currently set to end.

Virtual roundtable for manufacturers of medical devices

14 July 2020

As a National Firm with over 35 locations across the UK, we are trying to connect our clients and contacts wherever possible at this time. With that in mind we are planning to host a virtual round table forum specifically for manufacturers of medical devices at 4pm on Wednesday 22 July. To register your place, please email:
ben.horseman@rsmuk.com. We will then send you a diary invitation with log-in details

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.

Higher Education needs to consider all options from mergers to insolvency in the current climate
Lindsey Cooper

09 July 2020

The recent report from the Institute for Fiscal Studies paints a fairly gloomy picture for Higher Education and identifies that up to thirteen establishments may be at risk of insolvency.

Syntor Fine Chemicals Limited… A fine chemicals deal
John Gillibrand

09 July 2020

RSM’s M&A and private equity team has advised on the sale of Syntor Fine Chemicals Ltd to Aceto Corporation.

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