On Wednesday 8th March, The Chancellor Phillip Hammond presented the last Spring Budget. In his speech, the Chancellor was keen to point out that he wanted the tax system to be fair, particularly in relation to the distinction between employed and self-employed individuals. To find out more, download our summary of the last Spring Budget.
Since December 1st, the employees of Ecovis Wingrave Yeats have been running a reverse advent calendar initiative.
For the last 9 months, the Ecovis London Foundation (ELF) have been working closely with Thames Reach, a London charity helping homeless and vulnerable people get back on their feet and lead fulfilling lives.
The use of cash is in decline the world over, whilst digital payment systems, such as electronic cash (where the transaction is paid for directly from the buyer’s account via his or her debit card at the POS terminal in combination with a PIN), credit cards and electronic fund transfers are steadily gaining favour with the consumer.
Every six months the Partners at Ecovis Wingrave Yeats take the time to update all employees on topics such as company and sector focus, financial performance and strategic priorities. The purpose is to create an honest and transparent environment where all employees feel part of, and are invested in, the firm’s success.
What can seem like a crushing blow at the time can often be turned into a key move forwards in the life of a Growing Business. It is up to you to turn a potential disaster into a great opportunity. Here is how:
‘The Small Business, Enterprise and Employment Act’ came into effect during March 2015 with the majority of changes coming into play from April 2016.
Best Companies is an organisation that specialises in workplace engagement. They work with a wide variety of companies, helping them to achieve competitive advantage by measuring and improving employee engagement levels.
Unfortunately selling your business is not actually that much fun… The stress of negotiating with the Buyer and of dealing with the demands of your own advisers is stressful enough. It also makes it very difficult to run your business properly at the same time for however long the process takes, which sometimes can be more than a year.
Having looked at a fair old number of Management Information Systems and Monthly Reporting Formats what strikes me is that some of the prettiest, most eye catching and most clearly laid out are often the most ineffective.
In these days when tax avoidance is now treated as a crime just as heinous as Tax evasion, it seems almost to be tempting fate to consider whether there are still any ways in which the net worth of a business can be unlocked and distributed without incurring a tax charge of 45%.
It is often said that the best corporate deals are those in which the buyer feels that he paid a little more than he should have and where the seller feels that they should have asked for more than they did.
Our beloved Chancellor hit us with a new surprise yesterday – a new Apprenticeship Levy due to be introduced from April 2017.
So, with the benefit of hindsight, was George a “lucky chancellor” as headlined by The Times this morning? The big surprise announcement was that the controversial tax credit cuts that were announced in the July Budget are now not considered necessary. A political U-turn of such magnitude that caused the Shadow Chancellor, John McDonnell, to throw a copy of Chairman Mao’s Little Red Book across the dispatch box in a stunt that left the House astonished and his colleagues “appalled”.