Ship operating costs are set to increase for 2015 and 2016
Vessel operating costs are expected to rise in both 2015 and 2016, according to our latest survey. Crew wages, repairs and maintenance, and drydocking are the cost categories likely to increase most significantly over that period.
SEC guidance following record cyber breach
A major case of fraud involving hackers hit the headlines this summer – a fresh reminder of the importance of sound cyber security.
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Cuts and policy changes – key concerns for further and higher education
The further and higher education sectors have faced significant challenges in recent years and the future is set to be no different. In our recent survey, professionals in the sector told us that financial cutbacks and changes in government policy are their main concerns.
SMEs paid out 63% of profits as dividends last year, up from 46%
The percentage of profits UK SMEs paid out as dividends last year rose to 63%, up from 46% the year before, as business owners reacted to concerns about possible tax increases following the General Election.
Value of risk management within the technology sector
Every business faces risks that could present threats to its success. In a dynamic, innovative and agile sector with changing regulation and rapid service innovation, balancing these risks with the opportunity presented is a challenge.
New pension scheme VAT rules could prove difficult to implement
Employers wishing to claim VAT on costs relating to their defined benefit occupational pension scheme, will need to comply with new rules due to be introduced on 1 January 2016.
Revision to HMRC’s change in the treatment of loans taken out by ‘non-doms’
On 4 August 2014, HMRC announced an important change in the treatment of loans used in the UK by ‘non-doms’ (individuals who are resident but not domiciled in the UK), and who are taxed on the remittance basis.
State aid approval granted for EIS and VCT rule changes
The European Commission has given state aid approval for the latest Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) rule changes contained in the Finance (No 2) Bill 2015 (Schedules 5 and 6).The changes are in line with the UK’s proposals which are currently being legislated...
Never look a gift-horse in the mouth?
The season of hospitality and gift-giving will soon be upon us, so make sure your anti-bribery policy and gifts and hospitality policies are up-to-date, effective and understood.