BDO UK

The positive results which were reported throughout 2021 have continued into the first quarter of 2022 in terms of sales increases, with turnover expected to improve, and more than half of businesses anticipating a corresponding improvement in profitability. However, the challenges identified at the beginning of the year, and which businesses were planning for, have now been further compounded by global macroeconomic factors. In this episode, we are joined by Rosalind Payne and Christine Francis as they discuss the Q1 2022 QES results since they joined the panel for the analysis webinar, as well as an insight into the Q2 results.

Speakers: Rosalind Payne – Tax Partner and Christine Francis – Director, Business Restructuring

This is the Megawatt Hour, the latest podcast series brought to you by Energy Voice Out Loud in paid partnership with BDO.

In this, the first episode of our boxset series, content editor Andrew Dykes is joined by co-host David Bevan, corporate finance partner at BDO and by special guest Marek Kubik, a founding member and managing director of energy storage technology company Fluence.

Together they take a broad look at some of the fundamentals of energy storage including the range of technologies available, how they work, and why the market is really taking off today as increasing amounts of new renewable capacity is added to the grid.

In the second episode of our new Rethinking Motor Retail Podcast series, Jonty Bloom chats to BDO’s Chris Bond and Independent Motor Consultant Nigel Payne, as they discuss the direction of the modern dealership, and where we’re driving towards. Are car clubs the future, or will our dealers become more like Apple genius’? Find out in our latest episode.

In this podcast edition we'll be looking at the world of recruitment with a special emphasis on the tech business sector. To do that I'm joined by Piers Collins, co-founder of Hundo; a start-up that's trying to link the right firms with the right new employees through a learn to earn online campus. Matthew Gilmour from BDO's growth advisory team and David Ellis from BDO who specialises in advising firms on how to create the right pay and reward strategy.

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In the first of our new Rethinking Motor Retail Podcast series, former BBC journalist Jonty Bloom chats to BDO’s Kevin Lamb, and Nick Laird, ex-CEO of Ssangyong Motors as they discuss the opportunities and obstacles around adapting your dealership towards the new agency model.

As with previous quarters, optimism remains and businesses are continuing to see growth. However, the same challenges are still being faced and it appears they are potentially becoming a greater threat. In this episode, we are joined by Danny Dartnaill as he discusses the Q4 results since he joined the panel for the analysis webinar, as well as an insight into the Q1 results.

Speaker: Danny Dartnaill – Partner - Licensed Insolvency Practitioner

For this edition, we are joined by Karen Riley (Tax Director) from our National Tax Risk team. Karen and John discuss the latest updates on all aspects of Corporate Criminal Offence ("CCO") legislation.

The Corporate Criminal Offence (CCO) legislation means that if an "associated person" of a business criminally facilitates tax evasion, and the business is unable to demonstrate that it had reasonable procedures in place to prevent such facilitation, the business is guilty of a criminal offence.

An "Associated person" is defined widely and includes any person (individual or corporate) who represents (or provides a service for or on behalf of) the business - employees, contractors, agents, and in certain circumstances external suppliers.

As supply chain models get more sophisticated, clients as engagers must keep up with their employer obligations and ensure that not only are they compliant but their suppliers are too.

This has meant the usual obligations for an employer have become more complicated and often the lines appear blurred between the obligations of a traditional employer and those of an engager choosing alternative resourcing solutions to fill the void of employees. Now is the time for organisations to understand the accompanying risks and implement robust mitigation strategies.

BDO's CCO Toolkit can help your organisation take the first steps towards remaining compliant.

Download our latest podcast to understand the risks and how the CCO can link to your employee strategy for the year ahead.

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Since the announcement of the 25% corporation tax rate from the 1 April 2023, we have seen increasing interest in the patent box as businesses seek to manage their tax position and mitigate the impact of the tax rise.  In this podcast, we are joined by Carole Le Page (Tax Partner) who has particular expertise in the life sciences sector, and Viren Sharma (Associate Tax Director), who discuss this topic in more detail and what they’re seeing in the market.