HMRC has published further guidance on the application of the temporary 5% reduced rate of VAT. The following supplies will benefit from the reduced rate: Food and non-alcoholic beverages sold for on-premises consumption, for example, in…

To embed a cost-conscious culture, many companies have embraced Zero-Based Budgeting (‘ZBB’). As a result, resetting fixed costs during the annual business planning cycle has become an important value creation lever to improve EBITDA and re-invest…

Well, a busy 8th July for a still relatively new Chancellor, announcing a series of measures intended to kickstart the U.K. economy. Against the backdrop of some very gloomy numbers, Rishi Sunak has outlined a number of initiatives to help the U.K.…

In addition to existing fiscal measures and VAT easements to stimulate the economy in response to the COVID-19 crisis, the U.K. Chancellor has announced a temporary VAT reduction for the beleaguered hospitality and tourism sectors. The temporary…

Alvarez & Marsal (A&M) India conducted a webinar on ‘COVID-19 Survival and Beyond: Strategic Choices for the Healthcare Sector’ with healthcare leaders from India, the U.S. and South East Asia. The discussion highlighted the impact…

Alvarez & Marsal (A&M) India conducted a webinar on ‘COVID-19 Survival and Beyond: Strategic Choices for the Healthcare Sector’ with healthcare leaders from India, the U.S. and South East Asia. The discussion highlighted the impact…

HMRC have recently announced that the implementation of the Domestic Reverse Charge (DRC) for construction services has been delayed a further 5 months until 1 March 2021 as a consequence of the coronavirus pandemic. This delay will provide…

*Updated August 27, 2020 On Thursday, the Treasury and the IRS released Temporary Regulations which provide consolidated groups added flexibility with respect to the carryback of a consolidated net operating loss (CNOL), including the ability to do…

In the midst of the 2020 coronavirus pandemic, healthcare leaders have been – and will continue to be – inundated with grand proclamations: things will never be the same; you must prepare for “the new normal;” adapt or perish. While framed as…

Governments and institutions need support to address the financial, business and operational impacts of the unprecedented Covid-19 crisis to continue delivering on mission objectives. A&M’s Jay Brown, Yaye-Mah Sar and Jenifer Boss have authored…

Managing Director Vincent Walden recently published an article for the Association of Certified Fraud Examiners (ACFE)'s Fraud Magazine titled “Forensically preserving electronic evidence during a lockdown,” where he discusses collecting custodian…

How should liquidity be managed as companies seek to emerge from COVID-19? As businesses Pivot to Recovery TM, a new set of liquidity risks will come into play as operations re-start. As part of their recovery planning, management teams must keep…

An industry with unique pressuresThe role of a life sciences company is to develop drugs and treatments. Some treatments will prove successful and improve the lives of potentially millions of people, while others will never make it to market. This…

Following up on our recent podcast on the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), to date the U.S Department of Health and Human Services ("HHS") has paid out or designated for payout, over $100 billion to be…

Most of us are becoming inured to the plethora of articles that are hitting our inboxes lamenting the depressing business climate, the failing economy and the uncertain future. The economic damage is becoming palpable. The outlook is extremely…

Facing a projected $54 billion budget deficit, California Governor Gavin Newsom was forced to go back to the budget drawing board. In an effort to close the deficit gap, Governor Newson revised his initial fiscal year 2020-2021 budget proposal to…

First published on Private Equity WireHistorically, the field work phase of pre-acquisition due diligence was almost always performed on-site and in-person. However, that shifted almost instantly in early March to being performed exclusively on a…

On Friday 12 June further complex guidance was published on the CJRS. This is likely to cause a headache for many payroll managers given how complicated the scheme has now become coupled with the pressure of getting the calculations right. The…

On May 20th, the ECB published a guide on climate-related and environmental risks, a set of supervisory expectations relating to business models & strategy, governance & risk appetite, risk management and disclosures. A&M proposes five…

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and other related legislation have appropriated more than $175 billion in funding for distribution through the Public Health and Social Services Emergency Fund (Provider Relief Fund…