26/03/2021
Tax Day 2021
James McDonald reports on the Personal Tax highlights from the UK's first "Tax Day" on 23 March 2021...
NAVIGATING THROUGH THE UNKNOWN
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Ecovis Wingrave Yeats is a leading firm of Chartered Accountants, Business Advisors, and Data Analysts based in Soho, the heart of London. Whether you are a UK or overseas ambitious owner-managed business or partnership, an established company or a private client, our team of dedicated and commercially minded specialists can offer the advice you need to help you achieve your goals. Individually expert and intellectually smart, we engage, listen and connect with you in a way that you understand and appreciate.
Backed by Ecovis International, a network of like-minded accounting and consulting practices, we can offer our growing clients global support in more than 70 countries.
Through working closely with our clients for many years we have developed a deep understanding of specific industry sectors, including:
The breadth and depth of our expertise allows us to offer a broad range of services.
The analysis performed by the Ecovis data analytics team delivered some results that were surprising and worrying to us. Along with shining a new light on our most important clients, the client segmentation framework they presented uncovered a significant subset of unprofitable clients, and quantified the striking overall effect of marginal gains to be realised from improved working practices. We were presented with a potential opportunity to improve net profit by up to 8%. Our management team has been set on a course of enhanced decision making, supported by the data analysis that Ecovis provide. Data analytics is now an inherent part of our strategy.
Robert Camp Managing Partner , Robert Camp
