If the compliance history is damaged during construction operations then HMRC can revoke gross status which may have a catastrophic impact on cashflow. Maintaining a good compliance history with HMRC is therefore paramount.
Employee-owned businesses have advantages to both the employee and their employer; including higher employee engagement, motivation and wellbeing. The employer experiences increased productivity and efficiency.
Businesses should consider their strategies for a revised compliance environment and model their tax burden based on the corporation tax rules, including the impact of the corporate interest restriction.
“Not only does Martin have many years’ experience in dealing with commercial and trading businesses across a range of sectors, but he has played a big part of the growth and success of the firm’s Charity and Social Business Group sector group. Combining the two is no mean feat, and the fact that Martin has successfully done so underlines what a top performer he is.