How important is diversity?

The Office of Tax Simplification (OTS) released a new report in response to the Chancellor's request in July 2020 around Capital Gains Tax (CGT). At a time where public finances have been rocked due to the ongoing pandemic, this has certainly increased anxiety for business owners seeking to sell their business.

This disparity is one of the main sources of controversy in the OTS consultation. Whilst this can be justified as rewarding risk and promoting enterprise, this rate of disparity can distort business and family decision making and can create an incentive for taxpayers to effectively re-characterise income as capital gains.

With this anticipation of a change in CGT, what does this mean for the M&A market within Facilities Management? After a year of navigating through a turbulent socio-economic backdrop, underpinned by a global pandemic and the United Kingdom’s separation from the European Union, the potential of a higher tax environment will cause further pressures on business owners and exit strategies.

Traditionally, a HR department consists of a group of people that keep everything held together, they keep everything under control, deal with queries and ensure the workplace runs smoothly and without conflict. However, the function is a lot more important to an organisation – from aligning business and people strategies to focusing on D&I, employee wellbeing, and talent acquisition. There is often a lot of influence on the board from HR, with some HRDs being head of people/culture and much more.

Covid-19 has turned the world upside down and forced the closure of countless industries. It is with no surprise that ‘adaptability’ has been the new approach for many businesses to ensure their workplace is safe for employees to return.

 

Employees at Pertemps Network Group are able to benefit from the best share scheme in the recruitment industry – and that’s official!

The company has just been named as the winner of the ‘Best Employee Share/Equity Scheme’ at the inaugural Recruiter Investing in Talent Awards 2014. Spencer Jones and Michelle White gratefully collected the award on behalf of the company at an awards ceremony held in London in October.