572 posts categorised "Economy"

27 October 2014

Innovation, transformation and opportunity - the landscape of modern mobility

Global nomad. Remote worker. Talent swap. To some, they might just be nonsensical word pairings. But actually, they’re a snapshot of the increasingly diverse types of mobility used by organisations to move people around the world, to deliver business growth and to attract and retain a strong pipeline of talent....

24 October 2014

Tax information at your fingertips - The UK pocket tax guide 2014/15

Our new UK pocket tax guide for the 2014/15 tax year is available now. Having the latest tax information to hand when you really need it is vital for any tax professional. Our guide brings you a handy quick reference to UK tax rates, allowances and the core rules for...

Major changes to employee share plan compliance

New legislation has introduced major changes to employer compliance requirements in the UK for employee share plans and employees holding shares more informally. Many, if not all, of these changes will be relevant for your company, so I thought you might be interested in receiving our summary of these changes...

23 October 2014

Claw back of bonuses – tax relief may be available

By Kirsty Cook Good news for employees who are forced to repay gross bonuses - Court confirms that tax relief may be available. A ruling has been made in an important case around whether or not tax relief is available to employees who are forced to repay gross bonuses. This...

Payroll optimisation - now is the time to review your payroll function

In an ever changing regulatory environment, employers are now under increased pressure to continually improve and manage their compliance obligations in all areas of their business. One particular business area which has grappled with numerous legislative changes in recent years (i.e. Senior Accounting Officer (SAO), Real Time Information (RTI) and...

20 October 2014

HR: Delivering more for less. What sets top performers apart?

By Vicky Ansell As we have all become accustomed to the ease, speed and intuition of the “Amazon experience” – employees have now come to expect this same level of user friendly customer experience in other areas of their daily lives, including their interactions with HR. Our new study on...

16 October 2014

David Gauke, Minister for Tax speaks out in support of Patent Box

By Angela Browning It's been great to hear David Gauke recently speaking in public in support of the UK Patent Box. He couldn't have been more clear that Patent Box, in his view, does not create an opportunity for businesses to reduce their taxes without increasing their value to the...

15 October 2014

Family Business Survey 2014 - ‘Head and heart’: Professionalising the family business

Click here to download the full report There was one word that came up again and again in this year’s PwC Family Business Survey, and that was ‘professionalise’. The economic climate remains tough and global megatrends like the digital revolution are making the business landscape more volatile and competitive than...

Family Business Survey 2014 - New technology and the family firm: Are we seeing a new digital divide?

Click here to download the full report In this year’s 17th Annual Global CEO survey, 81% of those questioned cited technological advances as one of the top three global trends most likely to transform their business over the next five years. According to our 2014 Family Business Survey, that figure...

14 October 2014

Your chance to take part in our pensions scheme funding survey 2014

Scheme funding approaches have been the subject of much discussion in recent months following the Pensions Regulator's new scheme funding code of practice issued in June. This highlights the importance of implementing an integrated approach to understanding and managing risks across the three key “strands” of covenant, investment and funding....

Family Business Survey 2014 - Planning to succeed: Succession planning in family firms

Click here to download the full report There’s an old saying in business that if you fail to plan, you plan to fail. Nowhere is this truism truer than for the family firm as it approaches the moment when the business passes from one generation to the next. Only 12%...

13 October 2014

Pensions: Member options exercises on the rise

By Steve Blackmore We are seeing an increasing number of option exercises taking place, many with high take up rates. Just one example is the recent pension increase exchange for pensioner members of the BAE Systems Pension Scheme which completed with a successful 38% take up. Where previously the key...

09 October 2014

How can you deal with Shellshock?

The vulnerability, known as “Shellshock,” takes advantage of a bug discovered within the GNU Bourne-Again Shell (BASH) which allows malicious users to remotely execute commands, regardless of restrictions placed on the environment. This vulnerability could be leveraged to take full control of the system, obtain sensitive information, or extend access...

08 October 2014

OECD agreement on Patent Box still outstanding, what can you do now?

By Angela Browning As part of the OECD’s recommendations for BEPS the decision regarding Patent Box has yet to be agreed. The scheme, designed to support innovation in the UK, came into effect last year. Companies are entitled to a lower rate of tax on income generated via patented technology....

06 October 2014

A step in the right direction for pension funding - PPF may recognise ABCs that have a proper valuation behind them

I was very pleased to read in Professional Pensions recently that the Pensions Protection Fund (PPF) are expected to recognise a wider class of Asset Backed Contributions (ABCs) (those that have proper third party valuations behind them) and see this is a further endorsement to companies that have used /...

03 October 2014

Scottish Referendum Tax Talks webcast - the video

In the wake of the Scottish Referendum outcome announcement, David Glen, head of tax in Scotland hosted a Tax Talks webcast on the changes facing businesses in Scotland, as well as UK and inbound businesses which have operations, clients, suppliers or head offices North of the Border. According to David...

02 October 2014

Alternative Finance: we're interested in your experiences

We are seeing an ever increasing number of internet based companies alternative finance platforms being created to offer an alternative to SMEs and startups looking to borrow money or raise capital. These platforms in essence act as matchmakers for people looking for: new saving; investment opportunities and SMEs; startups looking...

Guiding you through the BEPS maze

Over the next few months we’ll see the most comprehensive reform of international tax most of us can recall, courtesy of the OECD’s Base Erosion and Profit Shifting (BEPS) project. Many of you will have seen that the OECD recently published its recommendation for the first part of its planned...

29 September 2014

RECORDED WEBCAST: Family Business webcast 15 October

If you missed our live interactive webcast for the launch of our 2014 Global Family Business Survey results you can watch the recorded version here. Background The discussion was moderated by PwC Family Business representatives: Sian Steele, UK Family Business Leader and Henrik Steinbrecher, Global Network Middle Market Leader along...

23 September 2014

Extension of HMRC’s powers in dealing with tax avoidance cases

With the first Accelerated Payment Notices due to land with clients in the next week or two it is important to understand the implications if clients have entered into schemes which require a Disclosure of Tax Avoidance Scheme ("DOTAS") reference number. There were a number of providers based in the...