105 posts categorised "Private businesses"

08 July 2015

Summer Budget 2015: Private business outcomes

Following the Chancellor's Conservative Summer Budget announcement, Nick Farr looks at how it will impact on private business and some of the key outcomes.

29 June 2015

PwC calls on fast growing family businesses in the Midlands to showcase their success

Fast growing family businesses in the Midlands are being urged to showcase their achievements in the 2015 Midlands Family Business Awards. Sponsored by PwC's My Financepartner, the Fastest Growing Family Business Award is one of ten categories in the region's only independent Awards for family businesses and their owners. The...

08 June 2015

Family businesses: the added challenge

by Ruby Parmar, Private Business Partner Family Businesses as a subset of the Private Business sector are difficult to measure, but I did read recently that there are over 3 million family businesses in the UK generating over £1 trillion in revenue. I suspect included in this number are the...

01 June 2015

Changes to Class 2 National Insurance contributions

The recent Budget in March 2015, announced plans to abolish Class 2 National Insurance contributions (NICs) next year. But in the meantime, the way those contributions are collected is changing. Class 2 NICs are paid by the self-employed and members of partnerships at a flat rate of £2.75 a week...

29 May 2015

Non-UK residents selling UK residential property

Since 6 April 2015, non-UK residents selling UK residential property have needed to tell HMRC about the sale, and possibly pay UK capital gains tax (CGT). CGT is payable by all UK resident taxpayers on the disposal of certain assets, such as shares, rental properties, and businesses. But up until...

28 May 2015

What else do Private Businesses need to continue their success?

By Ruby Parmar, Private Business Partner It's just under a week to go to the final judging session for this years UK Private Business Awards sponsored by PwC. Looking back over the five years since I've been involved in co-chairing the judging session and the many many interviews and meetings...

31 March 2015

Tax return 2.0: Revolution in the Tax Self-Assessment regime will have significant implications for SMEs

George Osborne’s “digital” budget will change the relationship between small businesses and the UK tax authorities forever 740,000 SMEs in the Midlands will avoid the traditional “mad rush” approach to getting numbers together and engaging with taxes will (eventually) be easier A revolution in the UK Income Tax Self-Assessment regime...

27 February 2015

Warwickshire’s DCS Group to be showcased in Shanghai as part of the Government’s GREAT Festival of Creativity

Stratford-Upon-Avon based company, DCS Group has been chosen by PwC to be part of the delegate of UK technology companies showcased at the next GREAT Festival of Creativity in Shanghai. The festival is part of the GREAT Britain campaign, which promotes the UK as a world-class destination for trade, tourism,...

27 January 2015

Private businesses in the Midlands urged to share their successes

Nominations now open for the 2015 UK Private Business Awards PwC in the Midlands is urging private businesses across the region to share their success stories by nominating themselves in the 2015 UK Private Business Awards (The Diamonds), which celebrate the best of UK private businesses and their contribution to...

15 January 2015

Seven skills needed for tomorrow's CEO

Author: Suzanne Snowden, Director, Global Thought Leadership As the New Year unfolds, I can’t help thinking about the challenging environment business leaders around the world are facing in 2015. Crude oil has fallen by more than 50% over the last few months. Market prospects in key geographies have ebbed and...

09 January 2015

What’s GREAT about your business?

We're looking for GREAT businesses to get involved in the GREAT Festivals of Creativity in Shanghai (2-4 March 2015). Part of the UK Government’s GREAT campaign, the festival is designed to help introduce British business into various markets and showcase the best of British technology, design, luxury, innovation, education and...

22 December 2014

Riviera announces investment from Phoenix Equity Partners

Riviera Travel (“Riviera”), one of the UK’s leading providers of overseas escorted tour holidays and river cruises, today announces an investment by Phoenix Equity Partners ("Phoenix"), a leading UK middle-market private equity firm. Terms of the transaction are not disclosed. Riviera, founded in 1984, will be led by David Clemson...

14 November 2014

Innovation at Mereway wins at the Midlands Family Business Awards

Innovation at the height of the recession has won Birmingham’s Mereway Kitchens a top prize in the 2014 Midlands Family Business Awards. Founded in1986 and employing nearly 200 staff, second generation family business Mereway Kitchens has won the coveted Business Innovation Award 2014. The manufacturer of high quality kitchen furniture,...

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...

UK family businesses are emerging from recession but long term growth depends on professionalising their operations

Three quarters of UK family firms have reported growth over the last 12 months, but a third (30%) agree that professionalising their businesses is key over the next five years, says a new report published by PwC today. The report, The Family Factor: Professionalising the UK Family Firm, finds that,...

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%...

13 October 2014

PwC launches new accounting service to support small and medium sized businesses

PwC in the Midlands has launched My Financepartner, a new accounting service that helps small and medium sized businesses get the professional support and financial insight they need to secure future growth. The service has been designed specifically for smaller businesses, funded start-ups and more established companies that are on...

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...

12 September 2014

The Genuine Gemstone Company wins national Private Business Award

Picture shows (left to right): Naga Munchetty, awards presenter; Etienne Bottari, Head of Corporate Finance, Numis; Ruby Parmar, Partner, PwC, Head of Private Business (Tax); Dan Howlett, Head of Corporate Banking UK, HSBC Commercial Bank; Paula Bennett (Director of Jewellery Maker), Steve Bennett (CEO and Gem Hunter), Sarah Bennett (Jewellery...