563 posts categorised "Economy"

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

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%...

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....

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

LIVE WEBCAST: Family Business live webcast 15 October

Please join us for a panel discussion for the launch of our 2014 Global Family Business Survey results. The webcast will be held in front of a live audience on 15 October, 2014 from 11 - 11:45am GMT. You can register for the webcast here. The discussion will be moderated...

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...

22 September 2014

Building Societies are changing. You can bet money on it

What will the building society sector look like in the future? Will customer loyalty be a thing of the past? What are the digital opportunities? The mutual and banking sector has been in a perfect storm for the best part of a decade now. The excesses that led to the...

15 September 2014

PwC UK delivers growth in an improving market

PwC, the professional services firm, has today (Monday) reported revenue growth of 5% to £2,814 million for the year ended 30 June 2014, up from £2,689m the previous year. Ian Powell, Chairman and Senior Partner of PwC UK, commented: “Our strong performance reflects an improving economy, the growing confidence of...

31 July 2014

Are we facing a rush of transfers from defined benefit pension schemes?

By Chris Massey From April 2015, members of defined contribution pension schemes (and not defined benefit schemes) will have much more flexibility as to how they use their pension fund once they reach age 55. Will this result in a flood of transfers from defined benefit schemes? In short, the...

30 July 2014

Is this the end of the office? Looking at the future of work

By Jon Andrews Despite what Dolly Parton might say, ‘Working 9 to 5’ might soon become a thing of the past as workers of today start to move towards different ways to make a living. Or at least that’s what the results of our latest survey are telling us! We’ve...

27 July 2014

Are performance ratings heading towards extinction?

By Alastair Woods There’s a growing school of thought that our traditional tools for managing employee performance are outdated and in need of a radical reboot. Some of heaviest criticism has been aimed at performance ratings and forced rankings - those bastions of the annual appraisal process. At the heart...

25 July 2014

Quick poll: What are your top focus areas in HR?

Share your thoughts in our quick poll and see what others are focusing on: survey solutions Contact details: Email: David Wignall Tel: +44 (0) 121 265 5886 LinkedIn: David Wignall

24 July 2014

Emerging trends in performance management

We are currently completing a programme of research into the area of performance management, including a survey from which we have recently published the initial findings. The findings are restricted to participants in the survey, but should you think the findings might be useful for you, you may want to...

22 July 2014

Headlines from the Government's response on Freedom and Choice in Pensions

The Government has published its response to HM Treasury’s consultation paper “Freedom and Choice in Pensions”, which covers the changes proposed in March’s ground-breaking budget. These landmark pension changes are set to go ahead largely as intended – which is welcome news. The proposals have already started to increase member...

18 July 2014

Proposed changes to the EU Pensions Directive

Key issues and deadlines The EC has published the draft for a revision of the EU Pensions Directive The changes will put the role of lay trustees into doubt, put formal risk management centre stage and promote more scrutiny of providers’ fees On 27 March the European Commission published the...