Calculating return on investment (ROI) on marketing activity has been a longstanding challenge for businesses. Return on marketing investment is a metric used to measure the overall effectiveness of a firm’s marketing strategy in order to help the management team to...
People move jobs more frequently these days. Here’s what to do when a key team member decides to move on. As talented employees grow and develop in their careers, it is inevitable that some will decide to branch out and move to another firm. Be supportive Congratulate...
The draft Finance Bill clauses issued for consultation on 11 July include legislation to extend the “off-payroll” working rules to the private sector from 6 April 2020. These changes will have significant implications for workers providing their services through...
The Office of Tax Simplification (OTS) have undertaken a detailed review of Inheritance Tax (IHT), which is perceived by many as a complicated tax. The government normally takes account of OTS recommendations and their report is likely to lead to future changes to the...
Currently letting relief provides up to a £40,000 deduction in computing the capital gain on the disposal of a property that was at some time the taxpayer’s main residence. The relief is the lessor of £40,000, the gain attributable to the let period, and the amount of...
A recent case before the tax tribunal saw the liability for a late VAT registration penalty being passed on to a manager of the company. HMRC have the power to impose such a penalty on an individual where (1) there is a penalty payable by the company for a deliberate...