Insights
HR Voice in the Boardroom is Business Critical
By Donal Laverty, Consulting Partner HR leaders make up a surprisingly tiny percentage of all boards. With talent, culture, and compensation issues dominating attention, this needs to change. “Our people are our greatest asset” - while something of a cliché, it is...
Balancing the Books of Love on Valentine’s Day
If you're feeling the love this Valentine’s Day, there might be some tax benefits to keep in mind. In terms of Inheritance Tax, certain gifts made in connection with marriage or civil partnership may be exempt from taxation. These include: The initial £5,000 of a gift...
Tax: The Not-So-Glamorous Role of the Influencer
‘A Day in the Life’, ‘Get Ready with Me’ and ‘What I Eat in a Day” are phrases now synonymous with the world of social media influencing. Whether your interest be in sport, gaming, beauty or lifestyle, a few minutes on Instagram, TikTok or YouTube will gather a host...
Changes to Reporting Requirements for Small Companies
Under new rules in the Economic Crime and Corporate Transparency Act 2023, small companies will have to file a profit and loss account as well as a directors’ report and prepare annual accounts in accordance with section 396 CA 2006. These changes will ensure that key...
2024: Looking Ahead With Cautious Optimism
The New Year is the perfect time to reflect on what your business has achieved, reassess your financial strategy and plan for the year ahead. After years of uncertainty and economic instability, our team is looking forward with optimism. Here, we share our advice on...
Sporting Secrets for Sustained Success: A Game Plan for Businesses
By Brian Lenehan, HR Consultant This has been a big year for sport with the Rugby World Cup, Ryder Cup, and FIFA Women’s World Cup dominating our screens. Next year, all eyes will be on Paris for the 2024 Olympic and Paralympic Games and the return of the European...
Avoid an Unexpected Tax Bill This Christmas
By Julie Hamilton, Tax Manager As we approach the end of the year, employers are considering how they will recognise and reward their staff this Christmas. Be it a team night out or a gift, showing appreciation to your employees is an important gesture, and goes a...
VAT Visits and Inspections – Is It The End of the Story if HMRC Does Not Find Any Errors?
What is next after a VAT visit and inspection? You may breathe a sigh of relief when HMRC completes a VAT compliance visit and no issues are identified. You might assume that if no assessment is raised by HMRC, the conclusion is that you are operating VAT correctly in...
Looking to the Future this International Accounting Day
This International Accounting Day, we are celebrating our profession, the contribution accountants make to society, and their importance in helping businesses, individuals, and large organisations to make informed and sensible financial decisions. Joining us is Jamie...
Early Diagnosis of Financial Distress Key to Business Recovery
By Lisa Lappin, Restructuring and Insolvency Director Northern Ireland businesses have operated in a challenging economic environment for some time now. The combination of stubborn inflation, high interest rates and their impact on secure lending, a tight recruitment...
Rising Inheritance Tax Take – Is It Time to Review Your Estate Plan?
Inheritance tax (IHT) does seem to be a very polarising topic for many. Some agree that generational wealth should be taxed, while others would argue that the ‘nest egg’ has already suffered income tax during the deceased’s lifetime and why should it be taxed twice?...
Strategic Talent Management Can Accelerate Charity Sector Stability
By Ryan Connor, Senior Management Consultant Today’s economic challenges present a different set of symptoms in the third sector. The charity funding landscape was vastly altered in March 2023 when we transitioned from European Social Funding to the UK Shared...
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