15 June 2021
Data obtained from HMRC under a Freedom of Information request has highlighted a 15 per cent increase in the number of penalties issued for late submission of an ERS (Employment Related Securities) return since 2018.
27 May 2021
The deadline for employers to file their annual 'employment-related securities' (ERS) returns for the 2020/21 tax year is fast approaching. Read more to find out if you have properly registered your share schemes and ERS events.
06 April 2020
Preserving cash has become a key focus in during the coronavirus crisis. Many businesses are turning to share incentives as a non-cash way to reward the people who need to keep working and cannot be furloughed, or perhaps to top up those who have been furloughed.
03 December 2019
Founded in 1978 by Julian Richer, Richer Sounds is a UK retailer with 52 stores nationwide that sell a range of hi-fi, home cinema and TV equipment. In 2017 RSM were appointed to assist in an 18-month project to transition the company from private ownership to an employee ownership trust.
15 May 2019
Leading hi-fi and TV retail specialists Richer Sounds has transitioned the company to employee ownership. Leading audit, tax and consulting firm RSM advised the company on the complex legal and tax implications involved in the process.
14 November 2018
When exploring options for a sale, typically business owners are aware of the trade sale, private equity sale or IPO routes. In this article, James Wild explores the lesser known route, employee ownership, and the benefits this can bring to a business.