Staff Turnover and Retention… The Facts

A recent report by Oxford Economics1 suggests that the cost of replacing one ‘lost’ member of staff is a staggering £30,614, which includes the cost of replacement, management time, HR time and involvement and recruitment costs as well as lost productivity and income...

Entrepreneurs’ Relief – An Update

Entrepreneurs’ Relief is a very valuable and effective way of managing your tax rate particularly when you are considering disposing of your business, succession issues and overall planning. It has been with us since April 2008 and is a very generous relief making the...

Brexit Business Planning Guide

In light of the Brexit vote our Planning Guide looks at the impacts for businesses and how you can put in place plans to minimise risk and maximise opportunities. To order your free copy of the Brexit Planning Guide please email janecampbell@bakertillymm.co.uk or Tel:...

Latest Tax Activity on the Construction Industry Scheme

There has been a significant increase in the level of HMRC activity in regard to reviewing the construction industry tax scheme. As reported in Accountancy Age in January 2016, HMRC investigations into the construction sector have increased 17%, resulting in yields...

Register of Persons with Significant Control

From 6th April 2016 all UK companies (including dormant companies) and Limited Liability Partnerships (LLPs) must maintain a register of people with significant control (PSC register) apart from those subject to the FCA’s Disclosure and Transparency rules. The purpose...