2018 saw a record-breaking number of company formations in the UK, as start-ups defy the pessimism from the current economic and political uncertainty.
Ecovis partners and specialist cryptocurrency accountants Harvex.io take over the blog today as they summarise all things crypto and how this can be treated in terms of accounting.
2018 has been a year of significant change in the data industry. Think back to the end of 2017: GDPR was incoming, and we’d never heard of Cambridge Analytica. With the introduction of GDPR, and huge data breaches from the likes of Facebook and Aadhaar, we are now more aware than ever of the value of our personal data.
Tomorrow our Director of Data Analytics, Reuben Barry, heads to the Alternative AI & Blockchain for Professional Services event. There he will be presenting a case study entitled; 'Client relationship network analysis - Using data mining and machine learning to search your network for opportunities'.
Germany and the UK have shared strong cultural and historical ties dating back to the 1700s, when the German Georg Ludwig became George I of England in 1714. Furthermore, the British royal family changed their surname from the German von Sachsen-Coburg-Gotha to Windsor as recently as 1917.
Foreign Direct Investment (FDI) is a key factor driving the strength of the UK economy – larger overseas companies bring a new range of technological and managerial experience, and FDI also encourages UK firms to be more competitive and can stimulate the development and efficiency of supply chains. There is concern that Brexit will reduce FDI inflow the UK relies on, especially within the financial services, technology and manufacturing industries.
Aiming to modernise and improve the UK tax system, the Government’s Making Tax Digital for VAT (MTD) initiative comes into effect from 1 April 2019. Other areas of MTD, such as income tax and corporation tax, have been put on hold until April 2020 at the earliest. Although the initiative is moving slower than planned, MTD will continue to move forward, despite Brexit.
Read our breakdown of the key announcements from the Budget and what these could mean for you. Please get in touch with your Ecovis Advisor, or call us today on +44 (0) 207 495 2244 to discuss your business or personal circumstances.
Brexit will inevitably affect the way services are traded between the UK and the continuing Member States of the EEA. However, to what extent, is a question mostly unanswered, particularly given the amount of speculation around UK based firms passporting into EEA countries.
One fundamental component of a business’s strategy is where to expand and/or set up, and London is one of the best cities to help strengthen a company’s digital strategy.
Deciding where and how to expand your business overseas is by no means an easy task and one which has arguably been made more challenging by recent global economic and political uncertainty. Download and read our guide to Doing Business in the UK - Key Aspects and Considerations.
At Ecovis, we know that our business is only at its best when our employees are at theirs. That’s why we continue to work towards an environment free from stigma. One which supports employees and provides them with the tools to understand and tackle mental health challenges affecting them, their colleagues, and society as a whole.
Attracted by favourable exchange rates, US corporations have been eyeing up Britain’s top companies as EU buyers have lost interest. Ecovis Wingrave Yeats’ Managing Partner Gerry Collins believes this demonstrates the confidence that US bosses have in the UK’s economy and its innovative businesses.
In July 2018 the Financial Reporting Council (“FRC”) released the 2018 UK Corporate Governance Code which is intended to cement the UK’s position as a world leader in Corporate Governance.
The end of September marks some exciting events for Ecovis Wingrave Yeats’ Data Analytics team. On Monday 24 September, we arrived to exhibit at the Alternative Legal Management Summit, bringing together law firm leaders with the vision to innovate, collaborate, and transform their business.