How mid-market businesses can keep on top of their evolving VAT obligations City Talk In this article, I ask my VAT colleague, Mitchell Piper, for his views on how businesses can keep up to date with VAT changes. Value Added Tax (VAT), like all taxes, evolves over time to adapt to changes in society, technology and business practices. Good examples of this are the recent VAT rate reductions in [...]
A race to success – Lessons for finance leaders from the Tour de France City Talk As this year’s Tour de France gets underway, EY Absolute’s Martin Dempsey considers if there are lessons for business to be found on the roads between Nice and Paris. This year’s Tour de France started on 29 August. It is among the most gruelling sporting events in the world and this year will see riders [...]
How managed services can help your business accelerate into the future City Talk As businesses across the UK pursue economic recovery the ability to think differently is critical. Managed services can be part of the solution. The health and economic impacts of COVID-19 continue to be felt all over the world. The pandemic has disrupted business-as-usual, with challenges for supply chains, government-mandated shutdowns and changing consumer behaviour. While no-one [...]
How to improve your forecasting in a constantly changing world August 6, 2020 Companies are moving to the next phase of business planning, with one eye on economic recovery and the other on what their business and industry will look like as they emerge from and go beyond the crisis. But the future is a blind spot for many. Prior forecasting methods, based on past customer demand, may [...]
A four-step approach to optimise your innovation funding July 23, 2020 The landscape of innovation grants, funding and tax credits can be overwhelming. We explore how companies can make the most of the funding options available to them. With a host of new innovation funds being made available across a number of sectors and HMRC committing to accelerating payments of research and development (R&D) tax credits, [...]
Re-focusing on Brexit as we look to the future July 15, 2020 The UK Government has confirmed that it will not request an extension to the Brexit transition period which ends on 31st December 2020 and negotiations towards a Free Trade Agreement with the European Union (EU) are ongoing. Although the first half of this year has brought other priorities it’s now time to return our attention [...]
Thinking differently to build a better business July 14, 2020 As lockdown eases and business life begins to return to some kind of normality, the challenge for mid-market finance directors is to reflect on the new ways of working, introduced to help overcome the virus and cope with lockdown, and build on them to work differently in the future to enhance finance operations, manage costs [...]
Finding the best way to incentivise management July 14, 2020 With cash at a premium, businesses could be considering an award of shares to employees instead of bonuses. This could be a good way to incentivise key employees in the long term without utilising cash and perhaps a first step towards unlocking liquidity for owners through, for example, a management buy-out. However, with share values [...]
Seven drivers of growth: Unlocking potential and growing your business in turbulent times June 11, 2020 In a world disrupted by the COVID-19 pandemic, lockdown and a looming recession it may be hard to focus on growth. But analysing the exciting possibilities of a business for long-term success is a necessary, if difficult, challenge on the road back to the new normal and will require leaders to think differently about their [...]
Five questions mid-market businesses need to ask about risk management today June 9, 2020 In this article, I consider the five key questions a mid-market business should ask themselves when it comes to risk management in the current environment. Are you clear about the key risks facing your business? If recent months have taught business leaders anything, it should be that to survive – let alone thrive – in [...]
