Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
Karen Brown
Tax Assistant Manager
20 February 2024
Do cosmetic treatments qualify for VAT exemption?The rise and prevalence of social media influencers has impacted many aspects of business, not least the beauty industry. Many are choosing cosmetic procedures to reverse or prevent the signs of aging meaning that such treatments have never been more accessible. To meet demand, increasing numbers of beauty professionals are providing such services via their own businesses.
16 February 2024
Cash is king – how to shout the loudest (and get paid)It is a truism that cash is king. Being paid for your services or goods on time is critical but sometimes concerns over losing a customer relationship or throwing good money after bad can discourage clients from pursuing their legitimate debts. Donald McNaught, Partner and Head of Restructuring, discusses commercial debt recovery solutions, specifically around trading difficulties and increasing pressure to pay ongoing liabilities.
12 February 2024
Seeing the bigger picture: Drawing conclusions from Consumer DutyConsumer Duty has long felt like a Roman mosaic, with individual elements representing carefully-crafted parts of a much broader story. The breadth of topics covered has already led firms to comprehensively review all aspects of their customers’ journey. Now, the various tiles are starting to slot together and, as they align, a bigger picture is starting to emerge.
Darren Mascarenhas & Si Mathavan
12 February 2024
New Year, New ESG Labels: A Fresh Start to Label Your Sustainability Success!At the end of 2023 the FCA delivered an early Christmas present to those in the asset management and sustainable finance sectors, by announcing a package of measures (via PS23/16) to help consumers navigate the market for sustainable investment products. Their aim was to improve trust and transparency as firms and consumers move to a more sustainable future.
Simon Cavell & Tim Swinson
07 February 2024
Consumer Duty: The case for (ongoing) changeConsumer Duty has already resulted in a significant change programme for many firms, requiring a full review of all products and services along with resulting work to prevent foreseeable harm. With six months until the final implementation deadline of July 2024, the finishing line appears to be close.
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