At the end of October the new Labour government will outline their plans to boost the UK economy through their highly anticipated Budget. With the Chancellor already mentally preparing the public that ‘difficult decisions’ will need to be made to target the UK’s deficit, the proposed measures are likely to impact everyone.
As experts in the games sector, Ukie members Moore Kingston Smith (MKS) help their clients in all aspects of their business journey, whether that be from day-to-day accounting and best practice, financial performance improvement, optimising value or preparing for exit. While the Budget changes are hot off the press, MKS advisers are offering one-to-one 20-minute virtual business surgeries (via Teams) on Wednesday, 20th November (2pm-5pm) to go through any queries you may have directly relating to the announcements, or any ongoing financial or business issue. Some suggested issues could include:
General business (with Rob Husband & Mike Marlow)
- Tax credits and the new environment for profit extraction
- Employee incentivisation
- Cashflow management
- Bookkeeping and accounting
- Business planning
- KPIs and benchmarking overview (performance improvement)
- Key financial management information
Personal tax and financial advisory (with Teresa Tone)
- Post-Budget review
- Capital gains tax queries (for sale of any UK assets/shares)
- General remuneration planning
- Moving to/from the UK
- Pensions - Pension contributions via net pay vs relief at source
- Maximising annual allowance and carry forward allowance
- Employed vs self-employed status
Tax (with Claire Robinson)
- Tax considerations for founders – planning for an exit
- Investor reliefs - EIS, SEIS
- Incentivising and retaining key personnel - EMI, share schemes and other incentives
- Company tax reliefs – VGEC
- Tax issues that you need to be aware of throughout the lifecycle of your business
If you would like to book your free virtual session, please use the link and select your preferred time(s) and the adviser(s) you would like to speak to - https://forms.office.com/e/ngpvuaZnNh. Moore Kingston Smith will be in touch to confirm the time and Teams joining details with you directly.
If you are unavailable on Wednesday 20th November but would still like to take up the opportunity of a free consultation, please email Edwina Kesner directly on – ekesner@mks.co.uk.