587 posts categorised "Economy"

26 November 2014

Building Digital Trust

As more organisations place increase emphasis on their online offerings, so the issue of cyber security becomes ever more crucial to the overall prospects of any business’s success. The cyber landscape is drastically different today than it was even a few years ago. For example consider the ever increasing use...

24 November 2014

Moving people with purpose: Modern mobility survey 2014

Businesses worldwide are looking to mobility to help them tap into fast growth markets and develop the global mindset today's business leaders need. Our survey looks at how organisations are dealing with the challenges modern mobility brings and what they are doing to strengthen their capabilities. How can you be...

21 November 2014

HMRC’s Personal tax summaries – greater transparency for workers

What are they? The Government has announced it is sending annual personal tax summaries to over 24 million people across the UK. The statements will show people how much income tax and national insurance contributions (NIC) they have paid over the 2013/14 tax year, and how this is calculated, together...

WEBCAST: Smart ways to manage pension risk

In recent volatile markets, pension scheme trustees and sponsors are facing several dilemmas around their risk management strategy. Derisk or rerisk? Sit out the volatility or exploit it by taking trigger-based action? Manage assets and liabilities on your own books or take advantage of market opportunities to insure? We're holding...

Have your say: Autumn Statement 2014

Take part in our survey and let us know what you think . . . surveys & polls

UK slips two places down league table of effective tax systems

The UK cannot afford to stand still on tax competitiveness, the latest PwC, World Bank and IFC Paying Taxes study shows. After two years of ascent, the UK has dropped two places to 16th on the annual benchmark of business tax systems, which measures the tax costs and compliance burden...

20 November 2014

Nominations open for the PLC Awards 2014!

The nominations for the PLC Awards 2014 are now open. In their 29th year, the awards showcase the very best of the mid-market, recognising excellence in the quoted company sector (excluding FTSE 100 and AIM). It has become the city event of the year, attended by 1500 guests. Businesses in...

19 November 2014

Listen to our podcast on Global and UK economic prospects

To download or listen to our latest podcast with Stephanie Hyde, John Hawksworth and Andrew Sentance talking about rebalancing in the regions click on the link below. 2014_11_13_ukeo_podcast Contact details Email: Mark Smith Tel: +44 (0)121 232 2299 Twitter: @marklsmith

Latest UK Economic Outlook: GDP growth in the Midlands is expected to average around 3.1% in 2014, easing slightly to 2.6% in 2015

Consumer spending growth set to slow markedly after 2015 Real consumer spending growth is expected to be around 2.3% in 2015, slowing to around 1.7% per annum in 2016-20. The share of consumer spending on housing and utilities is set to rise to over a quarter by 2020. GDP growth...

13 November 2014

UK Patent Box: UK and Germany compromise on preferential IP regimes

By Angela Browning This week saw UK and Germany agree a joint proposal to advance the negotiations on new rules for preferential Intellectual Property (IP) regimes within the G20/OECD Base Erosion and Profit Shifting (BEPS) Project. These proposals will impact the future of the UK Patent Box and other similar...

Separating myth from reality in the UK regions

By Andrew Sentance, Senior Economic Adviser, PwC The major political parties have the regional rebalancing of the UK economy high on their agenda - and rightly so. However, improving the prospects of cities and regions outside London and the South East must be based on a realistic view of our...

HE Matters Autumn 2014 - our online newsletter for higher education

Download He-matters-autumn-2014 In this autumn 2014 edition of HE Matters, we highlight a number of issues, including what to watch out for when partnering with 3rd party organisations and specific tax issues connected with digital e-learning courses and new VAT charges for HEIs who recruit international students. We are also...

10 November 2014

Calculating holiday pay...what now?

By Chris Perkins The Employment Appeals Tribunal (EAT) confirmed employers’ fears this week by ruling that certain overtime payments must be included in the calculation of holiday pay. What does this mean for employers? Employers will need to make substantial changes to the way in which they calculate holiday pay...

06 November 2014

EVENT: Tax Risk and Governance - Know Your Customer

Date: Tuesday 9th December 2014 Timings: 8.00am - arrival and light breakfast; 8.30am - presentations and questions; 10.30am - finish Location: PwC, Cornwall Court, 19 Cornwall Street, Birmingham B3 2DT Our forthcoming Tax Risk and Governance seminar will explore the changing landscape for Employment Taxes and specifically the Senior Accounting...

R&D Expenditure Credit (RDEC) - good news on repayments

By Angela Browning HMRC have now confirmed that they will make a repayment to a company claiming RDEC (at step 1) even where a company has paid its corporation tax liability in full via quarterly instalment payments. This is providing the corporation tax liability (before payments) exceeds the RDEC. When...

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...