To support businesses through Covid-19 the Government announced that VAT payments could be deferred for three months. The deferral applied to VAT payments due between 20 March 2020 to 30 June 2020.   Businesses were not required to notify or apply to HMRC if they wished to defer their VAT payments and were given until 31 March 2021 to settle the VAT liability.

In July, the European Court of Justice (EJ) ruled in ‘Data Protection Commissioner v Facebook Ireland and Max Schrems’ – or ‘Schrems II’ – that US data collection policies are not compatible with EU citizens’ rights under the General Data Protection Regulation (GDPR). This invalidated the EU-US Privacy Shield that had governed data transfers between the EU and US.

Following the release A&M Taxand Shares Updates to the UK Job Retention Scheme , the treasury issued The Job Support Scheme (JSS) policy paper.

On Friday 23 October, further information has been released in the initial Job Support Scheme (JSS) fact sheet published.

Alvarez & Marsal's (A&M’s) Compensation and Benefits Practice is pleased to share the results of its 2020 Oil and Gas Exploration & Production (E&P) Compensation Report. This year, we partnered with Equilar, who added commentary on their research and observations regarding compensation trends across numerous industries.

Zero-Based Budgeting (ZBB) is a management framework that can be employed to both release resources for redeployment in other areas of an organisation to create value as well as reducing costs. Ideally, it is set into the context of a review of the existing operating model and the definition of a fit-for-purpose target operating model. Our view is that for companies weighing up the potential benefits of a change programme, a targeted ‘Pragmatic- ZBB’ review can deliver tangible.

A successful carve-out and the success of the subsequent transformation journey requires a coordinated and forward-looking ERP plan that responds to the needs of the whole business and positions ERP to add real value to the new entity.

This article explores the current retail landscape, how the industry will likely emerge from the pandemic, and six core areas that retailers must focus on now to yield positive business growth.

Tax Transformation, Supply Chain and APA Services

Acquisition integrations are often a source of significant HR-related challenges that have long-lasting impact.

On September 30th, Treasury and the IRS released finalized regulations and proposed regulations which make major changes to the calculation of foreign tax credits.

Not only can you qualify for an R&D tax credit at the federal level, but you may also be eligible to capture a benefit at the state level as well.

How have Remuneration Committees in the FTSE 350 so far reacted to the impact of COVID-19, and to the earlier calls from shareholders for reductions in pension and implementation of post-cessation shareholding?

The Swiss Federal Council has decided not to extend the COVID-19 Insolvency Regulation beyond October 20, 2020. There is an urgent need for action for companies that have relied on the temporary suspension of the over-indebtedness notification.