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15 September 2014

Celebrating private businesses – UK Private Business Awards 2014

By Gordon Singer, private client tax parter in Yorkshire Last week saw the 4th UK Private Business Awards take place in London. They are always a great occasion and an opportunity to take in how many fantastic private businesses and entrepreneurs there are across the UK. The message to business...

14 September 2014

Understanding the extension of HMRC’s powers in dealing with tax avoidance

Ben Roseff, a senior manager in HMRC’s Tax Dispute Resolution team, talks through the extension of HMRC’s powers in dealing with tax avoidance cases Cashflow advantage shifts to HMRC By now most people who deal with tax will have heard about HMRC’s new powers to tackle tax avoidance. The new...

08 September 2014

Calling UK entrepreneurs: tell us what’s GREAT about your business

PwC is proud to be supporting the government's GREAT Festivals of Creativity which are taking place in Hong Kong in November 2014 and Shangai in March 2015. The festivals are designed to help introduce British business into various markets and showcase the best of British technology, design, luxury, innovation, education...

03 September 2014

An overhaul of the UK tax system is long overdue

By Andrew Sentance, senior economic adviser to PwC When we talk about tax, most people think of the income tax they pay on their wages and savings income. But income tax raises just over a quarter of the total tax take. The bulk of government revenue is raised by taxes...

22 August 2014

We are proud to support the Invictus Games

We are backing the Invictus Games, the international sports event for ‘wounded warriors’ from the armed services. The Invictus Games take place from 10-14 September with more than 400 wounded, injured and sick Service personnel and veterans from 14 countries competing in nine adaptive sports at world-class venues such as...

19 August 2014

Working 9-5? That's no way to make a living

By Lee Stamp, PwC's North East private client leader PwC recently launched its latest Future of Work report, A journey to 2022. The research reveals that only 14% of UK workers want to work in a traditional office environment in the future. Whereas one in five people say they want...

15 August 2014

The importance of diversification in wealth management

By Clare Stirzaker, director in PwC's private client team ‘Don’t put all your eggs in one basket’ – this may seem like a very English phrase, but it is one I hear uttered in many countries, even as far afield as Saudi Arabia. In the context of wealth management, it’s...

08 August 2014

Cyber threats: they are real, rising and affecting you

By Chris Willoughby, risk assurance, PwC Recent cyber breaches have added to the seemingly endless list of victims of cyber crime that seems to be a constant feature of the news. This got me thinking; is anyone truly resilient to cyber attack? The trick with this is in the wording....

01 August 2014

Can guidance really address the big retirement question?

By Saq Hussain, pensions director, PwC The Chancellor's budget reforms back in March, ushered in a new era for defined contribution (DC) pension savers. Suddenly, pensions have become attractive and flexible tax efficient savings vehicles freed from their previous shackles. We are finally to be trusted with managing our own...

18 July 2014

The early bird catches the worm when it comes to filing tax returns

By Penny Lupton By now, all UK employees should have received their 2013/14 P60s and P11Ds. Banks are also in the process of sending out interest certificate for the year and for many UK taxpayers these forms cover the bulk of their income and the process of completing the tax...