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Driving growth and minimising risks through digital technology
Stuart McCallum

07 July 2020

Reliance on digital technologies has greatly increased in recent months for many food and drink businesses. Listen in as our sector experts share some practical guidance on how data and digital technology can drive growth and minimise risks, particularly focusing on how technology can help food and drink business.

Encouraging signs of recovery for the manufacturing sector
Mike Thornton

06 July 2020

The June CIPS PMI returned to an above neutral measure in June at 50.1, showing some early signs of recovery as lockdown measures ease. Over the past few months many have been mitigating supply chain risks by sourcing new suppliers closer to home – will this trend continue?

Manufacturing CIPS PMI: Overseas travel corridors and reshoring earmarked as short-term opportunities to rebuild
Mike Thornton

01 July 2020

The latest monthly CIPS manufacturing PMI today reports an above neutral measure in June at 50.1. This marks a welcome return to positive sentiment. It also adds credence to short term opportunities to bolster and strengthen the prospects of the manufacturing sector, and those whose supply chains rely on it, according to leading audit, tax and consulting firm RSM.

Food and Drink

23 June 2020

Our experience in the food and drink sector has been built up over many years by serving the needs of our food and drink clients, many of which are manufacturers and those in the peripheral sectors such as packaging, marketing and distribution. We understand and keep up to date with the challenges that food and drink businesses face.

Protecting VAT cash flow on developments of student accommodation
Jim Burberry

04 June 2020

As the four countries of the UK start to ease their lockdown restrictions and some sort of return to normality is on the horizon, private sector student accommodation providers may struggle if the economic conditions don’t improve rapidly to allow students to return to universities.

What support is available to manufacturers during the coronavirus outbreak?
Mike Thornton

19 May 2020

RSM covers the support available for manufacturers during the coronavirus outbreak based on government updates.

Understanding the VAT recovery rules in relation to costs, supplies, and activities
Audrey Fearing

18 May 2020

The upper tribunal case for Royal Opera House Covent Garden Foundation calls into question the approach to be taking by organisations that undertake non business and business activities.

Managing the impact of coronavirus on VAT recovery for charities
Audrey Fearing

18 May 2020

Coronavirus has resulted in many charities suffering a significant decline in revenues, and irrecoverable VAT costs increase significantly. We recommend that charities should build this reduction into their cash flow projections.

Protecting VAT cash flow on commercial developments

14 May 2020

The real estate sector is facing a number of new stresses in the current market. Unintended VAT costs to developers may be arising. Read more here for more information.

Protecting VAT cash flow on residential developments
Jim Burberry

30 April 2020

In a challenging market, a change in use of a planned residential development of new housing may give rise to an unintended VAT cost to the developer.

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