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Employment Tribunal ruling may change holiday pay and tronc for hospitality businesses

A recent judgement concerning whether tronc awards are 'earnings' for the purposes of holiday pay and other work entitlements has major impolications for those hospitality businesses who not currently pay tronc to team members when away on annual leave. 

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Johnston Carmichael hires firm's first ever non-executive directors

Moore UK member firm Johnston Carmichael has strengthened its audit governance team with the recruitment of two independent non-executive directors. 

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Johnston Carmichael introduces four new partners as part of firmwide promotions

Moore member firm Johnston Carmichael, a leading UK accountancy and business advisory firm, has bolstered its leadership team with the promotion of four Partners and one Director.

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Importance of business LPAs for partnerships and sole director companies in the UK

In the dynamic world of business, ensuring continuity and stability is paramount. One often overlooked but crucial tool for achieving this is the business lasting power of attorney (LPA). This legal document allows business owners to appoint someone to make decisions on their behalf if they become incapacitated.  

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Autumn Budget 2024: Inheritance tax changes

Moore member firm Kingston Smith explores how Labour’s first Budget introduced significant changes to the inheritance tax (IHT) regime. These reforms are set to have a wide-ranging impact on many families and business owners, reshaping how wealth is transferred and requiring careful consideration of tax planning strategies moving forward.

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Confidence high amid growing concerns over costs and taxation

Twice a year we ask business leaders across the country to share their aspirations for the next six months and track business confidence.

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Are you complying with the duty to prevent sexual harassment?

Moore member firm Kingston Smith explores the upcoming legal changes effective from 26 October 2024, requiring employers to take reasonable steps to prevent sexual harassment in the workplace, including by third parties. The new law extends protection to employees, workers, and contractors who carry out their work personally.

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Why is GHG data assurance crucial for businesses today?

Moore member firm Kingston Smith highlights the rising pressure on companies to address greenhouse gas (GHG) emissions as climate change concerns grow and regulations evolve. Large organisations in the UK and EU must now report both direct emissions and those within their supply chains, pushing smaller businesses, including SMEs, to ensure they have accurate data to stay compliant.

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Non-resident directors: UK tax and compliance guide

Moore member firm Kingston Smith explores the rising trend of UK companies appointing non-resident directors or board members. While this can offer strategic benefits, it also introduces important tax, social security, and compliance challenges that businesses must carefully manage.

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Is it time to outsource your finance function?

In an era of economic uncertainty, finance leaders are grappling with the challenges of finding the right talent to advance their organizations while staying ahead of ever-changing technology. Could outsourcing your finance function be the solution? This discussion focuses on the key reasons to consider outsourcing and the advantages it can bring to your business.

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Working capital and its impact on transaction values

Moore member firm Kingston Smith explores the complexity of working capital mechanisms and their significant impact on transaction values. Key factors influencing working capital include the nature and size of the business, revenue trends, inventory management, and customer and supplier payment terms.

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UK tax planning for US taxpayers: How to maximise cash flow

Moore member firm Kingston Smith highlights how UK tax planning for US taxpayers can be an effective strategy for managing financial obligations and reducing overall tax liability. While UK tax payments are often an overlooked aspect of broader US tax planning, considering them can offer significant benefits. For US citizens and residents with tax responsibilities in both countries, adjusting the timing of UK tax payments can be a valuable approach.