AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate.

ESG | RSM UK

ESG is poised to play a pivotal role in recruiting top talent, retaining leaders of the future and maintaining a solid reputation. One of the complexities around ESG is that, while metrics and ratings do exist - and are useful - reporting information and the criteria for meeting ESG standards vary. The UK already has some legal requirements

BUDGET 2021

VAT. Good – but really needed news – in the Budget for the UK's hospitality sector as the expected extension to the temporary 5 per cent reduced rate until October 2021 is confirmed. The new 12.5 per cent reduced rate until April 2022 was a surprise. As was the creation of eight freeports later this year and businesses involved in

CAPITAL ALLOWANCES

Budget 2021: Ambitious investment incentives unveiled to boost covid recovery. Chancellor Rishi Sunak announced a package of capital allowances measures in the budget designed to stimulate business investment as part of the economic recovery following the coronavirus pandemic. This included a two year ‘super-deduction’ of up to 130

per cent

HEALTH OF THE SOCIAL HOUSING SECTOR 2021 To find out, we surveyed more than 100 social housing leaders for our 14th annual Health of the Sector report. The story they told us is a familiar one by now: after a shift to remote working, powered by the adoption of new digital technologies, their main priority for 2021 is getting the basics right. That means using traditional finance to

R&D TAX CREDITS

Research and development (R&D) tax relief and payable R&D tax credits are part of the government’s strategy to encourage investment in innovation in the UK and HM Revenue and Customs (HMRC) continues to encourage businesses investing in UK based innovation to take advantage of this generous tax relief. Despite the continuous need for

NICK SLADDEN

Nick heads the RSM charities and independent schools teams. He advises on audit, assurance and financial reporting and is an audit partner for our Top 250 charity clients and a number of leading independent schools.. Using his 20 years’ experience in the sector, Nick has developed RSM’s in-house guidance on charities SORP FRS102 as well as responding to charity commission/OSCR ACCOUNTING FOR GOVERNMENT GRANTS Disclosure. FRS 102 (Section 24.6-7) states that an entity shall disclose the following: a) the accounting policy adopted for grants in accordance with paragraph 24.4; b) the nature and amounts of grants recognised in the financial statements; c) unfulfilled conditions and other contingencies attaching to grants that have been recognised in FURNISHED HOLIDAY LETTINGS AND CAPITAL ALLOWANCES The prospect of a relaxing holiday in sunnier climes and joyously packing your sunglasses and flip-flops remains stubbornly (and sensibly) distant. Staycations are back in vogue, with sector operators enjoying high demand and an ability to increase prices. There’s arguably never been a better time to venture into the holiday lettings market.

SHEENA MCGUINNESS

Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness. AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate.

ESG | RSM UK

ESG is poised to play a pivotal role in recruiting top talent, retaining leaders of the future and maintaining a solid reputation. One of the complexities around ESG is that, while metrics and ratings do exist - and are useful - reporting information and the criteria for meeting ESG standards vary. The UK already has some legal requirements

BUDGET 2021

VAT. Good – but really needed news – in the Budget for the UK's hospitality sector as the expected extension to the temporary 5 per cent reduced rate until October 2021 is confirmed. The new 12.5 per cent reduced rate until April 2022 was a surprise. As was the creation of eight freeports later this year and businesses involved in

CAPITAL ALLOWANCES

Budget 2021: Ambitious investment incentives unveiled to boost covid recovery. Chancellor Rishi Sunak announced a package of capital allowances measures in the budget designed to stimulate business investment as part of the economic recovery following the coronavirus pandemic. This included a two year ‘super-deduction’ of up to 130

per cent

HEALTH OF THE SOCIAL HOUSING SECTOR 2021 To find out, we surveyed more than 100 social housing leaders for our 14th annual Health of the Sector report. The story they told us is a familiar one by now: after a shift to remote working, powered by the adoption of new digital technologies, their main priority for 2021 is getting the basics right. That means using traditional finance to

R&D TAX CREDITS

Research and development (R&D) tax relief and payable R&D tax credits are part of the government’s strategy to encourage investment in innovation in the UK and HM Revenue and Customs (HMRC) continues to encourage businesses investing in UK based innovation to take advantage of this generous tax relief. Despite the continuous need for

NICK SLADDEN

Nick heads the RSM charities and independent schools teams. He advises on audit, assurance and financial reporting and is an audit partner for our Top 250 charity clients and a number of leading independent schools.. Using his 20 years’ experience in the sector, Nick has developed RSM’s in-house guidance on charities SORP FRS102 as well as responding to charity commission/OSCR ACCOUNTING FOR GOVERNMENT GRANTS Disclosure. FRS 102 (Section 24.6-7) states that an entity shall disclose the following: a) the accounting policy adopted for grants in accordance with paragraph 24.4; b) the nature and amounts of grants recognised in the financial statements; c) unfulfilled conditions and other contingencies attaching to grants that have been recognised in FURNISHED HOLIDAY LETTINGS AND CAPITAL ALLOWANCES The prospect of a relaxing holiday in sunnier climes and joyously packing your sunglasses and flip-flops remains stubbornly (and sensibly) distant. Staycations are back in vogue, with sector operators enjoying high demand and an ability to increase prices. There’s arguably never been a better time to venture into the holiday lettings market.

SHEENA MCGUINNESS

Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness. HEALTH OF THE SOCIAL HOUSING SECTOR 2021 To find out, we surveyed more than 100 social housing leaders for our 14th annual Health of the Sector report. The story they told us is a familiar one by now: after a shift to remote working, powered by the adoption of new digital technologies, their main priority for 2021 is getting the basics right. That means using traditional finance to

BUDGET 2021

VAT. Good – but really needed news – in the Budget for the UK's hospitality sector as the expected extension to the temporary 5 per cent reduced rate until October 2021 is confirmed. The new 12.5 per cent reduced rate until April 2022 was a surprise. As was the creation of eight freeports later this year and businesses involved in CORONAVIRUS GRANT INCOME IS TAXABLE AND, FOR SOME, THIS Grants to support small businesses during the coronavirus crisis have been a welcome boost, but now as business owners start to think about their tax returns for the 2019/20 tax year, it is time to take a closer look at the amount of tax payable on these grants and when it

will be due.

CONSTRUCTION ACTIVITY FALLS FOR THE FIRST TIME THIS YEAR Construction output fell by 2 per cent in April 2021 over March, with reductions in both new work (2.9 per cent) and repair & maintenance (0.6 per cent). Latest numbers from the Office for National Statistics (ONS) show that the level of construction output in April 2021 was just under £14bn (a fall of close to £300m from March 2021) and was the first monthly drop since December 2020. DEAL VOLUMES IN THE UK BOOMS Deal activity in the UK accelerated at the start of the year as lockdown restrictions eased, with private equity and corporate acquisitions recording their strongest ever MAY’S TOTAL SALES SLIP 26 PER CENT AT PUBS, RESTAURANTS Britain’s managed pub, restaurant and bar groups recorded a 15 per cent drop in like-for-like sales in May 2021 from May 2019, the latest Coffer CGA Business Tracker reveals. CGA’s research shows that a significant number of restaurants, pubs and bars remain closed.

WEEKLY TAX BRIEF

This week's articles include 'G7 tax agreement was driven by mutual need. What happens next?', 'Will the consultation on R&D tax incentives go far enough?', 'Will a residential property developer tax achieve its goal?', 'HMRC to endorse tax avoidance schemes?' and 'Is the UK sacrificing global trade relations in the pursuit of net zero?' PROPOSED NEW IFRS STANDARD FOR REGULATORY ASSETS AND The International Accounting Standards Board (IASB) is proposing a new accounting standard to replace IFRS 14 Regulatory Deferral Accounts. This new standard would require companies subject to rate regulation, to give investors better information about their financial

performance.

MEGAN KHANG

Megan Khang is an American professional golfer on the LPGA.

MARIA FASSI

Maria is a professional golfer with 2020 season-best T9 finish at the Marathon LPGA Classic. AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate.

ESG | RSM UK

ESG is poised to play a pivotal role in recruiting top talent, retaining leaders of the future and maintaining a solid reputation. One of the complexities around ESG is that, while metrics and ratings do exist - and are useful - reporting information and the criteria for meeting ESG standards vary. The UK already has some legal requirements

BUDGET 2021

VAT. Good – but really needed news – in the Budget for the UK's hospitality sector as the expected extension to the temporary 5 per cent reduced rate until October 2021 is confirmed. The new 12.5 per cent reduced rate until April 2022 was a surprise. As was the creation of eight freeports later this year and businesses involved in

CAPITAL ALLOWANCES

Budget 2021: Ambitious investment incentives unveiled to boost covid recovery. Chancellor Rishi Sunak announced a package of capital allowances measures in the budget designed to stimulate business investment as part of the economic recovery following the coronavirus pandemic. This included a two year ‘super-deduction’ of up to 130

per cent

HEALTH OF THE SOCIAL HOUSING SECTOR 2021 To find out, we surveyed more than 100 social housing leaders for our 14th annual Health of the Sector report. The story they told us is a familiar one by now: after a shift to remote working, powered by the adoption of new digital technologies, their main priority for 2021 is getting the basics right. That means using traditional finance to

R&D TAX CREDITS

Research and development (R&D) tax relief and payable R&D tax credits are part of the government’s strategy to encourage investment in innovation in the UK and HM Revenue and Customs (HMRC) continues to encourage businesses investing in UK based innovation to take advantage of this generous tax relief. Despite the continuous need for

NICK SLADDEN

Nick heads the RSM charities and independent schools teams. He advises on audit, assurance and financial reporting and is an audit partner for our Top 250 charity clients and a number of leading independent schools.. Using his 20 years’ experience in the sector, Nick has developed RSM’s in-house guidance on charities SORP FRS102 as well as responding to charity commission/OSCR ACCOUNTING FOR GOVERNMENT GRANTS Disclosure. FRS 102 (Section 24.6-7) states that an entity shall disclose the following: a) the accounting policy adopted for grants in accordance with paragraph 24.4; b) the nature and amounts of grants recognised in the financial statements; c) unfulfilled conditions and other contingencies attaching to grants that have been recognised in FURNISHED HOLIDAY LETTINGS AND CAPITAL ALLOWANCES The prospect of a relaxing holiday in sunnier climes and joyously packing your sunglasses and flip-flops remains stubbornly (and sensibly) distant. Staycations are back in vogue, with sector operators enjoying high demand and an ability to increase prices. There’s arguably never been a better time to venture into the holiday lettings market.

SHEENA MCGUINNESS

Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness. AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate.

ESG | RSM UK

ESG is poised to play a pivotal role in recruiting top talent, retaining leaders of the future and maintaining a solid reputation. One of the complexities around ESG is that, while metrics and ratings do exist - and are useful - reporting information and the criteria for meeting ESG standards vary. The UK already has some legal requirements

BUDGET 2021

VAT. Good – but really needed news – in the Budget for the UK's hospitality sector as the expected extension to the temporary 5 per cent reduced rate until October 2021 is confirmed. The new 12.5 per cent reduced rate until April 2022 was a surprise. As was the creation of eight freeports later this year and businesses involved in

CAPITAL ALLOWANCES

Budget 2021: Ambitious investment incentives unveiled to boost covid recovery. Chancellor Rishi Sunak announced a package of capital allowances measures in the budget designed to stimulate business investment as part of the economic recovery following the coronavirus pandemic. This included a two year ‘super-deduction’ of up to 130

per cent

HEALTH OF THE SOCIAL HOUSING SECTOR 2021 To find out, we surveyed more than 100 social housing leaders for our 14th annual Health of the Sector report. The story they told us is a familiar one by now: after a shift to remote working, powered by the adoption of new digital technologies, their main priority for 2021 is getting the basics right. That means using traditional finance to

R&D TAX CREDITS

Research and development (R&D) tax relief and payable R&D tax credits are part of the government’s strategy to encourage investment in innovation in the UK and HM Revenue and Customs (HMRC) continues to encourage businesses investing in UK based innovation to take advantage of this generous tax relief. Despite the continuous need for

NICK SLADDEN

Nick heads the RSM charities and independent schools teams. He advises on audit, assurance and financial reporting and is an audit partner for our Top 250 charity clients and a number of leading independent schools.. Using his 20 years’ experience in the sector, Nick has developed RSM’s in-house guidance on charities SORP FRS102 as well as responding to charity commission/OSCR ACCOUNTING FOR GOVERNMENT GRANTS Disclosure. FRS 102 (Section 24.6-7) states that an entity shall disclose the following: a) the accounting policy adopted for grants in accordance with paragraph 24.4; b) the nature and amounts of grants recognised in the financial statements; c) unfulfilled conditions and other contingencies attaching to grants that have been recognised in FURNISHED HOLIDAY LETTINGS AND CAPITAL ALLOWANCES The prospect of a relaxing holiday in sunnier climes and joyously packing your sunglasses and flip-flops remains stubbornly (and sensibly) distant. Staycations are back in vogue, with sector operators enjoying high demand and an ability to increase prices. There’s arguably never been a better time to venture into the holiday lettings market.

SHEENA MCGUINNESS

Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness. HEALTH OF THE SOCIAL HOUSING SECTOR 2021 To find out, we surveyed more than 100 social housing leaders for our 14th annual Health of the Sector report. The story they told us is a familiar one by now: after a shift to remote working, powered by the adoption of new digital technologies, their main priority for 2021 is getting the basics right. That means using traditional finance to

BUDGET 2021

VAT. Good – but really needed news – in the Budget for the UK's hospitality sector as the expected extension to the temporary 5 per cent reduced rate until October 2021 is confirmed. The new 12.5 per cent reduced rate until April 2022 was a surprise. As was the creation of eight freeports later this year and businesses involved in CORONAVIRUS GRANT INCOME IS TAXABLE AND, FOR SOME, THIS Grants to support small businesses during the coronavirus crisis have been a welcome boost, but now as business owners start to think about their tax returns for the 2019/20 tax year, it is time to take a closer look at the amount of tax payable on these grants and when it

will be due.

CONSTRUCTION ACTIVITY FALLS FOR THE FIRST TIME THIS YEAR Construction output fell by 2 per cent in April 2021 over March, with reductions in both new work (2.9 per cent) and repair & maintenance (0.6 per cent). Latest numbers from the Office for National Statistics (ONS) show that the level of construction output in April 2021 was just under £14bn (a fall of close to £300m from March 2021) and was the first monthly drop since December 2020. DEAL VOLUMES IN THE UK BOOMS Deal activity in the UK accelerated at the start of the year as lockdown restrictions eased, with private equity and corporate acquisitions recording their strongest ever MAY’S TOTAL SALES SLIP 26 PER CENT AT PUBS, RESTAURANTS Britain’s managed pub, restaurant and bar groups recorded a 15 per cent drop in like-for-like sales in May 2021 from May 2019, the latest Coffer CGA Business Tracker reveals. CGA’s research shows that a significant number of restaurants, pubs and bars remain closed.

WEEKLY TAX BRIEF

This week's articles include 'G7 tax agreement was driven by mutual need. What happens next?', 'Will the consultation on R&D tax incentives go far enough?', 'Will a residential property developer tax achieve its goal?', 'HMRC to endorse tax avoidance schemes?' and 'Is the UK sacrificing global trade relations in the pursuit of net zero?' PROPOSED NEW IFRS STANDARD FOR REGULATORY ASSETS AND The International Accounting Standards Board (IASB) is proposing a new accounting standard to replace IFRS 14 Regulatory Deferral Accounts. This new standard would require companies subject to rate regulation, to give investors better information about their financial

performance.

MEGAN KHANG

Megan Khang is an American professional golfer on the LPGA.

MARIA FASSI

Maria is a professional golfer with 2020 season-best T9 finish at the Marathon LPGA Classic. AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate.

CAREERS AT RSM

When you become part of our team, you’ll discover a culture that celebrates fresh thinking and embraces change. We forged a new path, uniting 110 firms around the world under one global brand name, RSM.

EXCEPTIONAL ITEMS

Consider what profit and loss items are exceptional in respect of coronavirus by reference to their size or nature. Analyse the items by the statutory profit and loss line items that are affected and ensure values are kept up to date for any changes to provisions. Decide on a profit and loss presentation and supporting notes that would provide

CAPITAL ALLOWANCES

Budget 2021: Ambitious investment incentives unveiled to boost covid recovery. Chancellor Rishi Sunak announced a package of capital allowances measures in the budget designed to stimulate business investment as part of the economic recovery following the coronavirus pandemic. This included a two year ‘super-deduction’ of up to 130

per cent

CORONAVIRUS GRANT INCOME IS TAXABLE AND, FOR SOME, THIS Grants to support small businesses during the coronavirus crisis have been a welcome boost, but now as business owners start to think about their tax returns for the 2019/20 tax year, it is time to take a closer look at the amount of tax payable on these grants and when it

will be due.

OFFICES | RSM UK

RSM is a leading independent firm of Chartered Accountants and Business Advisers with offices across the UK. Learn more about the range of services offered. MOVING PERSONAL POSSESSIONS AROUND EUROPE IN A POST-BREXIT Moving personal possessions around Europe in a post-Brexit world. February 2021. 5 minutes. Weekly tax brief. Tax. Brexit. Now the Brexit transition period has ended, goods moving between Great Britain and the EU and vice versa must be declared to customs and are potentially liable to duty and import VAT in the country of arrival.

PAUL CLARK | RSM UK

Paul Clark Partner. T: +44 (0)20 3201 8303. M: +44 (0)7403 334 531. Contact Paul Clark. Offices: London - Farringdon Street. Services: Tax services , Corporate tax advice , Corporate tax compliance , Expanding overseas , International corporate tax advice , Setting up in the UK , Tax efficient business structuring , Tax issues in acquisition

LOGIN - RSM UK

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

PAYSLIP PORTAL

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate.

CAREERS AT RSM

When you become part of our team, you’ll discover a culture that celebrates fresh thinking and embraces change. We forged a new path, uniting 110 firms around the world under one global brand name, RSM.

EXCEPTIONAL ITEMS

Consider what profit and loss items are exceptional in respect of coronavirus by reference to their size or nature. Analyse the items by the statutory profit and loss line items that are affected and ensure values are kept up to date for any changes to provisions. Decide on a profit and loss presentation and supporting notes that would provide

CAPITAL ALLOWANCES

Budget 2021: Ambitious investment incentives unveiled to boost covid recovery. Chancellor Rishi Sunak announced a package of capital allowances measures in the budget designed to stimulate business investment as part of the economic recovery following the coronavirus pandemic. This included a two year ‘super-deduction’ of up to 130

per cent

CORONAVIRUS GRANT INCOME IS TAXABLE AND, FOR SOME, THIS Grants to support small businesses during the coronavirus crisis have been a welcome boost, but now as business owners start to think about their tax returns for the 2019/20 tax year, it is time to take a closer look at the amount of tax payable on these grants and when it

will be due.

OFFICES | RSM UK

RSM is a leading independent firm of Chartered Accountants and Business Advisers with offices across the UK. Learn more about the range of services offered. MOVING PERSONAL POSSESSIONS AROUND EUROPE IN A POST-BREXIT Moving personal possessions around Europe in a post-Brexit world. February 2021. 5 minutes. Weekly tax brief. Tax. Brexit. Now the Brexit transition period has ended, goods moving between Great Britain and the EU and vice versa must be declared to customs and are potentially liable to duty and import VAT in the country of arrival.

PAUL CLARK | RSM UK

Paul Clark Partner. T: +44 (0)20 3201 8303. M: +44 (0)7403 334 531. Contact Paul Clark. Offices: London - Farringdon Street. Services: Tax services , Corporate tax advice , Corporate tax compliance , Expanding overseas , International corporate tax advice , Setting up in the UK , Tax efficient business structuring , Tax issues in acquisition

LOGIN - RSM UK

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

PAYSLIP PORTAL

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

OFFICES | RSM UK

RSM is a leading independent firm of Chartered Accountants and Business Advisers with offices across the UK. Learn more about the range of services offered. IMPACT OF CORONAVIRUS ON CONTINGENT LIABILITIES AND ASSETS Given the degree of uncertainty surrounding the impact of coronavirus, entities will need to be mindful of potential obligations or assets that have never been considered as part of the normal reporting cycle but now require disclosure in the accounts, even HOLIDAY PAY ACCRUALS| CORONAVIRUS: ADAPTING TO CHANGE Holiday pay accruals. 4 May 2020. One of the government measures announced to support entities employing key workers during coronavirus was an extension of the window that employees can take their annual leave. FRS 102 (section 28 ‘Employee Benefits’) requires entities to accrue for any short-term employee benefits.

BUDGET 2021

VAT. Good – but really needed news – in the Budget for the UK's hospitality sector as the expected extension to the temporary 5 per cent reduced rate until October 2021 is confirmed. The new 12.5 per cent reduced rate until April 2022 was a surprise. As was the creation of eight freeports later this year and businesses involved in DEAL VOLUMES IN THE UK BOOMS Deal activity in the UK accelerated at the start of the year as lockdown restrictions eased, with private equity and corporate acquisitions recording their strongest ever

WEEKLY TAX BRIEF

This week's articles include 'G7 tax agreement was driven by mutual need. What happens next?', 'Will the consultation on R&D tax incentives go far enough?', 'Will a residential property developer tax achieve its goal?', 'HMRC to endorse tax avoidance schemes?' and 'Is the UK sacrificing global trade relations in the pursuit of net zero?'

HELP TO GROW SCHEME

Explore how you can benefit from the Government's Help to Grow scheme - which seeks to fill the UK's digital skills gap and boost economic

growth.

PROPOSED NEW IFRS STANDARD FOR REGULATORY ASSETS AND The International Accounting Standards Board (IASB) is proposing a new accounting standard to replace IFRS 14 Regulatory Deferral Accounts. This new standard would require companies subject to rate regulation, to give investors better information about their financial

performance.

IDEAS AND INSIGHTS

Browse our extensive list of ideas and insights from our audit, tax and consulting experts.

MARIA FASSI

Maria is a professional golfer with 2020 season-best T9 finish at the Marathon LPGA Classic. AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate. CORONAVIRUS GRANT INCOME IS TAXABLE AND, FOR SOME, THIS Grants to support small businesses during the coronavirus crisis have been a welcome boost, but now as business owners start to think about their tax returns for the 2019/20 tax year, it is time to take a closer look at the amount of tax payable on these grants and when it

will be due.

MOVING PERSONAL POSSESSIONS AROUND EUROPE IN A POST-BREXIT Moving personal possessions around Europe in a post-Brexit world. February 2021. 5 minutes. Weekly tax brief. Tax. Brexit. Now the Brexit transition period has ended, goods moving between Great Britain and the EU and vice versa must be declared to customs and are potentially liable to duty and import VAT in the country of arrival. IMPACT OF CORONAVIRUS ON PROPERTY, PLANT AND EQUIPMENT The recognition and measurement of existing, or additions to, property, plant and equipment may be significantly affected by changes resulting from coronavirus. This could include changes to strategy, decreases in expected future cash flows or costs incurred as result of delays to the development or manufacture of assets.

NICK SLADDEN

Nick heads the RSM charities and independent schools teams. He advises on audit, assurance and financial reporting and is an audit partner for our Top 250 charity clients and a number of leading independent schools.. Using his 20 years’ experience in the sector, Nick has developed RSM’s in-house guidance on charities SORP FRS102 as well as responding to charity commission/OSCR

PAUL CLARK | RSM UK

Paul Clark Partner. T: +44 (0)20 3201 8303. M: +44 (0)7403 334 531. Contact Paul Clark. Offices: London - Farringdon Street. Services: Tax services , Corporate tax advice , Corporate tax compliance , Expanding overseas , International corporate tax advice , Setting up in the UK , Tax efficient business structuring , Tax issues in acquisition

HELEN RELF | RSM UK

Helen Relf Partner. T: +44 (0)1293 591746. Contact Helen Relf. Offices: Gatwick. Services: Private client and family wealth , Tax investigation , Transaction Advisory Services , Business sales , Management buy-out , Tax services. Sectors: Private equity. Biography. Helen is a partner at RSM and looks after a range of high net worth

individuals

SHEENA MCGUINNESS

Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness.

MARK WADDILOVE

Mark is a Partner in the London private client team, he has over 30 years of tax experience and his particular areas of expertise are structuring businesses operating in the UK for the first time, expanding their businesses overseas or restructuring their existing UK

operations.

PAYSLIP PORTAL

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate. CORONAVIRUS GRANT INCOME IS TAXABLE AND, FOR SOME, THIS Grants to support small businesses during the coronavirus crisis have been a welcome boost, but now as business owners start to think about their tax returns for the 2019/20 tax year, it is time to take a closer look at the amount of tax payable on these grants and when it

will be due.

MOVING PERSONAL POSSESSIONS AROUND EUROPE IN A POST-BREXIT Moving personal possessions around Europe in a post-Brexit world. February 2021. 5 minutes. Weekly tax brief. Tax. Brexit. Now the Brexit transition period has ended, goods moving between Great Britain and the EU and vice versa must be declared to customs and are potentially liable to duty and import VAT in the country of arrival. IMPACT OF CORONAVIRUS ON PROPERTY, PLANT AND EQUIPMENT The recognition and measurement of existing, or additions to, property, plant and equipment may be significantly affected by changes resulting from coronavirus. This could include changes to strategy, decreases in expected future cash flows or costs incurred as result of delays to the development or manufacture of assets.

NICK SLADDEN

Nick heads the RSM charities and independent schools teams. He advises on audit, assurance and financial reporting and is an audit partner for our Top 250 charity clients and a number of leading independent schools.. Using his 20 years’ experience in the sector, Nick has developed RSM’s in-house guidance on charities SORP FRS102 as well as responding to charity commission/OSCR

PAUL CLARK | RSM UK

Paul Clark Partner. T: +44 (0)20 3201 8303. M: +44 (0)7403 334 531. Contact Paul Clark. Offices: London - Farringdon Street. Services: Tax services , Corporate tax advice , Corporate tax compliance , Expanding overseas , International corporate tax advice , Setting up in the UK , Tax efficient business structuring , Tax issues in acquisition

HELEN RELF | RSM UK

Helen Relf Partner. T: +44 (0)1293 591746. Contact Helen Relf. Offices: Gatwick. Services: Private client and family wealth , Tax investigation , Transaction Advisory Services , Business sales , Management buy-out , Tax services. Sectors: Private equity. Biography. Helen is a partner at RSM and looks after a range of high net worth

individuals

SHEENA MCGUINNESS

Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness.

MARK WADDILOVE

Mark is a Partner in the London private client team, he has over 30 years of tax experience and his particular areas of expertise are structuring businesses operating in the UK for the first time, expanding their businesses overseas or restructuring their existing UK

operations.

PAYSLIP PORTAL

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

FINANCIAL REPORT

RSM’s strong financial performance and balance sheet in 2019/20 stood us in good stead for the upheaval of this year. Our core services of audit, tax & advisory, and transactions generated revenues of £85.4m, £165.7m and £63.0m each. RSM will continue to react to the situation in the marketplace. Whatever the conditions, we have a

great

IMPACT OF CORONAVIRUS ON PROPERTY, PLANT AND EQUIPMENT The recognition and measurement of existing, or additions to, property, plant and equipment may be significantly affected by changes resulting from coronavirus. This could include changes to strategy, decreases in expected future cash flows or costs incurred as result of delays to the development or manufacture of assets.

EXCEPTIONAL ITEMS

Consider what profit and loss items are exceptional in respect of coronavirus by reference to their size or nature. Analyse the items by the statutory profit and loss line items that are affected and ensure values are kept up to date for any changes to provisions. Decide on a profit and loss presentation and supporting notes that would provide DEAL VOLUMES IN THE UK BOOMS Deal activity in the UK accelerated at the start of the year as lockdown restrictions eased, with private equity and corporate acquisitions recording their strongest ever PROPOSED NEW IFRS STANDARD FOR REGULATORY ASSETS AND The International Accounting Standards Board (IASB) is proposing a new accounting standard to replace IFRS 14 Regulatory Deferral Accounts. This new standard would require companies subject to rate regulation, to give investors better information about their financial

performance.

HELP TO GROW SCHEME

Explore how you can benefit from the Government's Help to Grow scheme - which seeks to fill the UK's digital skills gap and boost economic

growth.

WEEKLY TAX BRIEF

This week's articles include 'G7 tax agreement was driven by mutual need. What happens next?', 'Will the consultation on R&D tax incentives go far enough?', 'Will a residential property developer tax achieve its goal?', 'HMRC to endorse tax avoidance schemes?' and 'Is the UK sacrificing global trade relations in the pursuit of net zero?'

IDEAS AND INSIGHTS

Browse our extensive list of ideas and insights from our audit, tax and consulting experts. G7 TAX AGREEMENT WAS DRIVEN BY MUTUAL NEED. WHAT HAPPENS News that G7 finance ministers have reached a political agreement on global tax reform has reverberated around the world. We look at the detail and explore aspects of the agreement which will not be so easy to implement in practice. WILL THE CONSULTATION ON R&D TAX INCENTIVES GO FAR ENOUGH In March’s budget the government announced one of the broadest consultations on the future of R&D tax incentives. Launched over 20 years ago, a review of this scheme was long overdue and is very welcome, but it remains to be seen whether the outcomes will do AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate. CORONAVIRUS GRANT INCOME IS TAXABLE AND, FOR SOME, THIS Grants to support small businesses during the coronavirus crisis have been a welcome boost, but now as business owners start to think about their tax returns for the 2019/20 tax year, it is time to take a closer look at the amount of tax payable on these grants and when it

will be due.

MOVING PERSONAL POSSESSIONS AROUND EUROPE IN A POST-BREXIT Moving personal possessions around Europe in a post-Brexit world. February 2021. 5 minutes. Weekly tax brief. Tax. Brexit. Now the Brexit transition period has ended, goods moving between Great Britain and the EU and vice versa must be declared to customs and are potentially liable to duty and import VAT in the country of arrival. IMPACT OF CORONAVIRUS ON PROPERTY, PLANT AND EQUIPMENT The recognition and measurement of existing, or additions to, property, plant and equipment may be significantly affected by changes resulting from coronavirus. This could include changes to strategy, decreases in expected future cash flows or costs incurred as result of delays to the development or manufacture of assets.

NICK SLADDEN

Nick heads the RSM charities and independent schools teams. He advises on audit, assurance and financial reporting and is an audit partner for our Top 250 charity clients and a number of leading independent schools.. Using his 20 years’ experience in the sector, Nick has developed RSM’s in-house guidance on charities SORP FRS102 as well as responding to charity commission/OSCR

PAUL CLARK | RSM UK

Paul Clark Partner. T: +44 (0)20 3201 8303. M: +44 (0)7403 334 531. Contact Paul Clark. Offices: London - Farringdon Street. Services: Tax services , Corporate tax advice , Corporate tax compliance , Expanding overseas , International corporate tax advice , Setting up in the UK , Tax efficient business structuring , Tax issues in acquisition

HELEN RELF | RSM UK

Helen Relf Partner. T: +44 (0)1293 591746. Contact Helen Relf. Offices: Gatwick. Services: Private client and family wealth , Tax investigation , Transaction Advisory Services , Business sales , Management buy-out , Tax services. Sectors: Private equity. Biography. Helen is a partner at RSM and looks after a range of high net worth

individuals

SHEENA MCGUINNESS

Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness.

MARK WADDILOVE

Mark is a Partner in the London private client team, he has over 30 years of tax experience and his particular areas of expertise are structuring businesses operating in the UK for the first time, expanding their businesses overseas or restructuring their existing UK

operations.

PAYSLIP PORTAL

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate. CORONAVIRUS GRANT INCOME IS TAXABLE AND, FOR SOME, THIS Grants to support small businesses during the coronavirus crisis have been a welcome boost, but now as business owners start to think about their tax returns for the 2019/20 tax year, it is time to take a closer look at the amount of tax payable on these grants and when it

will be due.

MOVING PERSONAL POSSESSIONS AROUND EUROPE IN A POST-BREXIT Moving personal possessions around Europe in a post-Brexit world. February 2021. 5 minutes. Weekly tax brief. Tax. Brexit. Now the Brexit transition period has ended, goods moving between Great Britain and the EU and vice versa must be declared to customs and are potentially liable to duty and import VAT in the country of arrival. IMPACT OF CORONAVIRUS ON PROPERTY, PLANT AND EQUIPMENT The recognition and measurement of existing, or additions to, property, plant and equipment may be significantly affected by changes resulting from coronavirus. This could include changes to strategy, decreases in expected future cash flows or costs incurred as result of delays to the development or manufacture of assets.

NICK SLADDEN

Nick heads the RSM charities and independent schools teams. He advises on audit, assurance and financial reporting and is an audit partner for our Top 250 charity clients and a number of leading independent schools.. Using his 20 years’ experience in the sector, Nick has developed RSM’s in-house guidance on charities SORP FRS102 as well as responding to charity commission/OSCR

PAUL CLARK | RSM UK

Paul Clark Partner. T: +44 (0)20 3201 8303. M: +44 (0)7403 334 531. Contact Paul Clark. Offices: London - Farringdon Street. Services: Tax services , Corporate tax advice , Corporate tax compliance , Expanding overseas , International corporate tax advice , Setting up in the UK , Tax efficient business structuring , Tax issues in acquisition

HELEN RELF | RSM UK

Helen Relf Partner. T: +44 (0)1293 591746. Contact Helen Relf. Offices: Gatwick. Services: Private client and family wealth , Tax investigation , Transaction Advisory Services , Business sales , Management buy-out , Tax services. Sectors: Private equity. Biography. Helen is a partner at RSM and looks after a range of high net worth

individuals

SHEENA MCGUINNESS

Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness.

MARK WADDILOVE

Mark is a Partner in the London private client team, he has over 30 years of tax experience and his particular areas of expertise are structuring businesses operating in the UK for the first time, expanding their businesses overseas or restructuring their existing UK

operations.

PAYSLIP PORTAL

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

FINANCIAL REPORT

RSM’s strong financial performance and balance sheet in 2019/20 stood us in good stead for the upheaval of this year. Our core services of audit, tax & advisory, and transactions generated revenues of £85.4m, £165.7m and £63.0m each. RSM will continue to react to the situation in the marketplace. Whatever the conditions, we have a

great

IMPACT OF CORONAVIRUS ON PROPERTY, PLANT AND EQUIPMENT The recognition and measurement of existing, or additions to, property, plant and equipment may be significantly affected by changes resulting from coronavirus. This could include changes to strategy, decreases in expected future cash flows or costs incurred as result of delays to the development or manufacture of assets.

EXCEPTIONAL ITEMS

Consider what profit and loss items are exceptional in respect of coronavirus by reference to their size or nature. Analyse the items by the statutory profit and loss line items that are affected and ensure values are kept up to date for any changes to provisions. Decide on a profit and loss presentation and supporting notes that would provide DEAL VOLUMES IN THE UK BOOMS Deal activity in the UK accelerated at the start of the year as lockdown restrictions eased, with private equity and corporate acquisitions recording their strongest ever PROPOSED NEW IFRS STANDARD FOR REGULATORY ASSETS AND The International Accounting Standards Board (IASB) is proposing a new accounting standard to replace IFRS 14 Regulatory Deferral Accounts. This new standard would require companies subject to rate regulation, to give investors better information about their financial

performance.

HELP TO GROW SCHEME

Explore how you can benefit from the Government's Help to Grow scheme - which seeks to fill the UK's digital skills gap and boost economic

growth.

WEEKLY TAX BRIEF

This week's articles include 'G7 tax agreement was driven by mutual need. What happens next?', 'Will the consultation on R&D tax incentives go far enough?', 'Will a residential property developer tax achieve its goal?', 'HMRC to endorse tax avoidance schemes?' and 'Is the UK sacrificing global trade relations in the pursuit of net zero?'

IDEAS AND INSIGHTS

Browse our extensive list of ideas and insights from our audit, tax and consulting experts. G7 TAX AGREEMENT WAS DRIVEN BY MUTUAL NEED. WHAT HAPPENS News that G7 finance ministers have reached a political agreement on global tax reform has reverberated around the world. We look at the detail and explore aspects of the agreement which will not be so easy to implement in practice. WILL THE CONSULTATION ON R&D TAX INCENTIVES GO FAR ENOUGH In March’s budget the government announced one of the broadest consultations on the future of R&D tax incentives. Launched over 20 years ago, a review of this scheme was long overdue and is very welcome, but it remains to be seen whether the outcomes will do AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate.

NICK SLADDEN

Nick heads the RSM charities and independent schools teams. He advises on audit, assurance and financial reporting and is an audit partner for our Top 250 charity clients and a number of leading independent schools.. Using his 20 years’ experience in the sector, Nick has developed RSM’s in-house guidance on charities SORP FRS102 as well as responding to charity commission/OSCR

PAUL CLARK | RSM UK

Paul Clark Partner. T: +44 (0)20 3201 8303. M: +44 (0)7403 334 531. Contact Paul Clark. Offices: London - Farringdon Street. Services: Tax services , Corporate tax advice , Corporate tax compliance , Expanding overseas , International corporate tax advice , Setting up in the UK , Tax efficient business structuring , Tax issues in acquisition

HELEN RELF | RSM UK

Helen Relf Partner. T: +44 (0)1293 591746. Contact Helen Relf. Offices: Gatwick. Services: Private client and family wealth , Tax investigation , Transaction Advisory Services , Business sales , Management buy-out , Tax services. Sectors: Private equity. Biography. Helen is a partner at RSM and looks after a range of high net worth

individuals

SHEENA MCGUINNESS

Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness.

MARK WADDILOVE

Mark is a Partner in the London private client team, he has over 30 years of tax experience and his particular areas of expertise are structuring businesses operating in the UK for the first time, expanding their businesses overseas or restructuring their existing UK

operations.

MICHAEL STEAN

A cross disciplinary tax partner, Michael’s experience spans both corporate and non-corporate taxation for clients spanning a wide range of companies (listed and private) as well as high net worth individuals.Areas of activity include advice on transactions and structures, dealing with enquiries conducted by the tax authorities and forensic tax services in tax disputes.

PAYSLIP PORTAL

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

LOG IN - TRACKER V3.25 If you have forgotten your password, please contact our Support Team. Tel: +44 (0)1277 206444. Email: support@tracker-online.com. Warning: All user activity is logged.

LOGIN

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate.

NICK SLADDEN

Nick heads the RSM charities and independent schools teams. He advises on audit, assurance and financial reporting and is an audit partner for our Top 250 charity clients and a number of leading independent schools.. Using his 20 years’ experience in the sector, Nick has developed RSM’s in-house guidance on charities SORP FRS102 as well as responding to charity commission/OSCR

PAUL CLARK | RSM UK

Paul Clark Partner. T: +44 (0)20 3201 8303. M: +44 (0)7403 334 531. Contact Paul Clark. Offices: London - Farringdon Street. Services: Tax services , Corporate tax advice , Corporate tax compliance , Expanding overseas , International corporate tax advice , Setting up in the UK , Tax efficient business structuring , Tax issues in acquisition

HELEN RELF | RSM UK

Helen Relf Partner. T: +44 (0)1293 591746. Contact Helen Relf. Offices: Gatwick. Services: Private client and family wealth , Tax investigation , Transaction Advisory Services , Business sales , Management buy-out , Tax services. Sectors: Private equity. Biography. Helen is a partner at RSM and looks after a range of high net worth

individuals

SHEENA MCGUINNESS

Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness.

MARK WADDILOVE

Mark is a Partner in the London private client team, he has over 30 years of tax experience and his particular areas of expertise are structuring businesses operating in the UK for the first time, expanding their businesses overseas or restructuring their existing UK

operations.

MICHAEL STEAN

A cross disciplinary tax partner, Michael’s experience spans both corporate and non-corporate taxation for clients spanning a wide range of companies (listed and private) as well as high net worth individuals.Areas of activity include advice on transactions and structures, dealing with enquiries conducted by the tax authorities and forensic tax services in tax disputes.

PAYSLIP PORTAL

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

LOG IN - TRACKER V3.25 If you have forgotten your password, please contact our Support Team. Tel: +44 (0)1277 206444. Email: support@tracker-online.com. Warning: All user activity is logged.

LOGIN

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

EXCEPTIONAL ITEMS

Consider what profit and loss items are exceptional in respect of coronavirus by reference to their size or nature. Analyse the items by the statutory profit and loss line items that are affected and ensure values are kept up to date for any changes to provisions. Decide on a profit and loss presentation and supporting notes that would provide CORONAVIRUS GRANT INCOME IS TAXABLE AND, FOR SOME, THIS Grants to support small businesses during the coronavirus crisis have been a welcome boost, but now as business owners start to think about their tax returns for the 2019/20 tax year, it is time to take a closer look at the amount of tax payable on these grants and when it

will be due.

VACANCIES | CAREERS | RSM UK If you can bring the flair, commercial acumen and dynamic approach that we need to maintain our reputation, browse through our current vacancies below. Our expectations are high, but so are the rewards. If you are ready to take on new challenges and enjoy new rewards, view our vacancies to find out more about working at RSM. View our

vacancies.

EXPERIENCED HIRES

Search our jobs. Take your clients and career to the next level. Our middle market focus empowers you to make a real difference to ambitious clients. And our commitment to your development ensures that as your clients grow, your career grows too. Search our jobs. Take your clients and career to the next level.

HELP TO GROW SCHEME

Explore how you can benefit from the Government's Help to Grow scheme - which seeks to fill the UK's digital skills gap and boost economic

growth.

WEEKLY TAX BRIEF

This week's articles include 'G7 tax agreement was driven by mutual need. What happens next?', 'Will the consultation on R&D tax incentives go far enough?', 'Will a residential property developer tax achieve its goal?', 'HMRC to endorse tax avoidance schemes?' and 'Is the UK sacrificing global trade relations in the pursuit of net zero?'

IDEAS AND INSIGHTS

Browse our extensive list of ideas and insights from our audit, tax and consulting experts.

MARIA FASSI

Maria is a professional golfer with 2020 season-best T9 finish at the Marathon LPGA Classic. G7 TAX AGREEMENT WAS DRIVEN BY MUTUAL NEED. WHAT HAPPENS News that G7 finance ministers have reached a political agreement on global tax reform has reverberated around the world. We look at the detail and explore aspects of the agreement which will not be so easy to implement in practice. IS THE UK SACRIFICING GLOBAL TRADE RELATIONS IN THE Carbon border tax (CBT) is a much publicised and hotly debated topic among global policy makers. Whilst ideologically fairer, in practice could such a regime do AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate.

NICK SLADDEN

Nick heads the RSM charities and independent schools teams. He advises on audit, assurance and financial reporting and is an audit partner for our Top 250 charity clients and a number of leading independent schools.. Using his 20 years’ experience in the sector, Nick has developed RSM’s in-house guidance on charities SORP FRS102 as well as responding to charity commission/OSCR

PAUL CLARK | RSM UK

Paul provides tax advice and reporting services to Private Equity houses covering funds, carried interest, general partners, management entities and investor reporting including specialist knowledge of DIMF, IBCI, Limited Partnerships, Companies and LLPs.

HELEN RELF | RSM UK

Helen is a partner at RSM and looks after a range of high net worth individuals and owner managed business clients on all aspects of tax planning from structuring new business ventures to inheritance tax and succession issues.. One of her key specialist roles at RSM involves working closely with the corporate finance M&A team advising business entrepreneurs on planning strategies for an exit

SHEENA MCGUINNESS

Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness.

MARK WADDILOVE

Mark is a Partner in the London private client team, he has over 30 years of tax experience and his particular areas of expertise are structuring businesses operating in the UK for the first time, expanding their businesses overseas or restructuring their existing UK

operations.

MICHAEL STEAN

A cross disciplinary tax partner, Michael’s experience spans both corporate and non-corporate taxation for clients spanning a wide range of companies (listed and private) as well as high net worth individuals.Areas of activity include advice on transactions and structures, dealing with enquiries conducted by the tax authorities and forensic tax services in tax disputes.

LOGIN

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purposes.

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PORTAL TRACKER

Welcome to Tracker. Tracker is an interactive online monitoring system that helps you to analyse financial risks and target new business.

PAYSLIP PORTAL

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

AUDIT, TAX AND CONSULTING SERVICES RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally. With around 3,800 partners and staff in the UK and access to more than 43,000 people in 120 countries across the RSM network, we can meet our clients’ needs wherever in the world they operate.

NICK SLADDEN

Nick heads the RSM charities and independent schools teams. He advises on audit, assurance and financial reporting and is an audit partner for our Top 250 charity clients and a number of leading independent schools.. Using his 20 years’ experience in the sector, Nick has developed RSM’s in-house guidance on charities SORP FRS102 as well as responding to charity commission/OSCR

PAUL CLARK | RSM UK

Paul Clark Partner. T: +44 (0)20 3201 8303. M: +44 (0)7403 334 531. Contact Paul Clark. Offices: London - Farringdon Street. Services: Tax services , Corporate tax advice , Corporate tax compliance , Expanding overseas , International corporate tax advice , Setting up in the UK , Tax efficient business structuring , Tax issues in acquisition

HELEN RELF | RSM UK

Helen Relf Partner. T: +44 (0)1293 591746. Contact Helen Relf. Offices: Gatwick. Services: Private client and family wealth , Tax investigation , Transaction Advisory Services , Business sales , Management buy-out , Tax services. Sectors: Private equity. Biography. Helen is a partner at RSM and looks after a range of high net worth

individuals

SHEENA MCGUINNESS

Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness.

MARK WADDILOVE

Mark is a Partner in the London private client team, he has over 30 years of tax experience and his particular areas of expertise are structuring businesses operating in the UK for the first time, expanding their businesses overseas or restructuring their existing UK

operations.

MICHAEL STEAN

A cross disciplinary tax partner, Michael’s experience spans both corporate and non-corporate taxation for clients spanning a wide range of companies (listed and private) as well as high net worth individuals.Areas of activity include advice on transactions and structures, dealing with enquiries conducted by the tax authorities and forensic tax services in tax disputes. LOG IN - TRACKER V3.25GPS TRACKER ONLINEMY TRACKER PORTALTRANSFER

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If you have forgotten your password, please contact our Support Team. Tel: +44 (0)1277 206444. Email: support@tracker-online.com. Warning: All user activity is logged.

PAYSLIP PORTAL

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

LOGIN

Important Notice: This site requires the use of cookies to secure your access and to store your display preferences. No identity or personal information is stored and no third party cookies are used. By logging in via this page you are agreeing to the use of cookies for these

purposes.

HELP TO GROW SCHEME

Explore how you can benefit from the Government's Help to Grow scheme - which seeks to fill the UK's digital skills gap and boost economic

growth.

CORONAVIRUS GRANT INCOME IS TAXABLE AND, FOR SOME, THIS Grants to support small businesses during the coronavirus crisis have been a welcome boost, but now as business owners start to think about their tax returns for the 2019/20 tax year, it is time to take a closer look at the amount of tax payable on these grants and when it

will be due.

EXCEPTIONAL ITEMS

Consider what profit and loss items are exceptional in respect of coronavirus by reference to their size or nature. Analyse the items by the statutory profit and loss line items that are affected and ensure values are kept up to date for any changes to provisions. Decide on a profit and loss presentation and supporting notes that would provide

EXPERIENCED HIRES

Search our jobs. Take your clients and career to the next level. Our middle market focus empowers you to make a real difference to ambitious clients. And our commitment to your development ensures that as your clients grow, your career grows too. Search our jobs. Take your clients and career to the next level. VACANCIES | CAREERS | RSM UK If you can bring the flair, commercial acumen and dynamic approach that we need to maintain our reputation, browse through our current vacancies below. Our expectations are high, but so are the rewards. If you are ready to take on new challenges and enjoy new rewards, view our vacancies to find out more about working at RSM. View our

vacancies.

IR35 - WHAT HAPPENS WHEN THERE ARE OVERSEAS ASPECTS? 21 December 2019. There seems to be much confusion on the application of the IR35/Off-payroll working administrative rules scheduled to apply from April 2020 where there are overseas aspects (for example, where the worker provided by a personal service company or similar entity (PSC) is based overseas, or where the worker and PSC are in the

UK

RSM APPRENTICE MAKES HER MARK IN PROFESSIONAL SERVICES An East London teenager who chose to work and earn through an apprenticeship scheme at leading accountancy firm RSM has been awarded East London’s apprentice of the year.

PETER REYNOLDS

Peter Reynolds. Partner. T: +44 (0)203 201 8307. Contact Peter Reynolds. Offices: London - Farringdon Street. Services: Tax services , Corporate tax advice , Capital allowances. Biography. Peter is a tax partner based in the London office specialising in capital allowances. He works with clients who buy, sell or incur expenditure refurbishing

FIONA BELL | RSM UK

M: +44 (0)7710 243829. Contact Fiona Bell. Offices: London - Farringdon Street. Services: Employer solutions , Tax services , Legal Services. Sectors: Private equity , Energy and natural resources , Leisure and hospitality. Biography. Fiona helps companies solve problems relating to employees, directors and consultants. Typically

this involves

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