
London, 4th May 2010
Maven Partners moved into new offices on Friday 30th April. We can happily say that we grew too big for our old premises and have moved to a larger office space, which is, thankfully, just around the corner.
London, 19th April 2010
Although what I am proposing may seem counterintuitive, particularly given the reputation of the United States as being somewhat tax unfriendly, there may be discreet circumstances when licensing intangible property ("IP") via a U.S. corporation ("USCo") could make sense.
London, 1st April 2010
On March 30, 2010, the Health Care and Education Reconciliation Act of 2010 (the "Act") became law. The Act includes a provision which codifies, or makes statutory, what is referred to in U.S. federal income tax ("FIT") law as the economic substance doctrine ("ESD").
London, 25th March 2010
The trickle of UK PLC headquarters to foreign shores isn't a flood yet, but it's gathering pace. Countries like the Netherlands and Switzerland are actively courting both UK PLCs and high net worth individuals, like hedge fund managers.
London, 28th February 2010
The recent 2010 National Management Survey results released by the Chartered Management Institute (CMI) and XpertHR provide a fascinating insight into the psyche of employees in the current market.
London, 12th February 2010
In a recent article, CFO.com predicted another unwelcome side effect of the global recession - hungrier international tax authorities. Countries such as India and China, which previously were regarded as "tax-friendly", are now subjecting corporates to increased scrutiny.
London, 8th February 2010
Never has spring been so keenly anticipated at Maven Partners as this year. Not only are we looking forward to a general thawing-out to allow us all to return to our normal life activities (let's face it the novelty of snow & ice soon wore off) but there is also a mounting level of evidence that the economy may be starting to bear more fruit.
London, 2nd February 2010
Last week was a positive week all round in business terms. Not only did we come out of recession, albeit by 0.1%, we also saw some major movement in the Private Equity space; all very encouraging.
London, 12th January 2010
Cash pooling tools, such as notional pooling and zero balancing, are used to move cash around a group and manage working capital, but different tools have different tax implications that treasurers need to be aware of.
London, 4th January 2010
Financial News reports that "The first decade of the 21st century has been marked by excess, instability and increased risk". As the decade draws to a close I wanted to give you an insight into my view of the taxation market over the last 12 months and hypothesise about what 2010 might bring.
London, 21st December 2009
Treasurers need to consider what tax techniques are available, such as standalone technologies or treasury centres, to enhance intra-group lending.
London, 30th November 2009
In previous articles I have looked at securing tax relief for financing costs, tax issues associated with debt restructuring and opportunities for structuring intra-group lending. Whilst these are undoubtedly important issues each article focuses on what amount to stand-alone/single financing transactions. So in this article I want to take a broader look at the Treasury function and how it moves cash around the group.
London, 10th November 2009
With the Pre-budget report due out on the 9th of December 2009, various special interest groups are lobbying for changes in taxation. Most vocal so far are those who represent professional contractors and seek to repeal the dreaded tax rules known as IR35.
London, 5th November 2009
For job seekers in the tax arena, keeping up to date can seem quite daunting. Of course if you are currently in employment then your employer will (hopefully) have provided you with the tools with which you can keep up to date, but the issue for those currently between jobs is that many of the better resources are subscription based. Nevertheless there are still publicly available sources of information that can be used in order to keep oneself informed of new developments as and when they arise.
London, 5th November 2009
Mary Driscoll, Managing Partner at Maven Partners talks to Working Lunch presenter, Naga Munchetty, on current recruitment issues.
London, 28th October 2009
Maven Partners has announced the appointment of Matthew Leedham to its Board and as joint Managing Partner.
London, 1st October 2009
What problems arise when a group needs to restructure its existing debt? This article looks at what would be the next step if a group is not securing effective tax relief for its financing costs: debt restructuring and its related tax impact.
London, 1st September 2009
With the announcement of the new "Senior Accounting Officer" (SAO) measures, the Government has now seen fit to impose a legislative onus on large company SAO's to personally certify that they have taken "reasonable steps" to establish and then maintain appropriate tax accounting arrangements.
London, 27th August 2009
Interim Management versus Management Consulting is a subject that everyone in the world of Interim is aware of. Whether you are an Interim Manager, Management Consultant or specialist recruiter, the relative benefits of each are well known to all.
London, 26th August 2009
A quick glance at the IASB Workplan projected from this summer indicates just how busy accountants who are expert in technical matters are likely to be for the next 6-months and beyond.
London, 25th August 2009
The question as to whether or not a group is securing effective tax relief for its financing costs is not a new issue. In fact, treasurers and finance professionals spend many hours locked up with their tax advisers with the precise aim of ensuring that effective tax relief is secured.
London, 10th August 2009
One would hope that we are going to start to see the next phase of this recession pretty soon and the signs are there. Volumes of research have been undertaken and the good news is that, for those of us who either work in or provide services to the finance industry, things should soon start to look rosier.
London, 3rd August 2009
In a recently published review HMRC explore feedback from multinational companies and their advisors looking at issues that need to be addressed in respect of its handling of international corporation tax issues.
London, 17th July 2009
A number of organizations at the moment are trialing the use of sites such as Linked In, Twitter and Facebook to resource candidates for internal roles directly.
London, 16th July 2009
In their recent tax review Ernst and Young explore the question of whether corporates should be looking hard at the cost of the tax function or the tax cost of the business.
London, 1st July 2009
PwC has recently published its review of executive compensation for 2008 for the FTSE 250. In the current climate it makes interesting reading.
London, 1st July 2009
As we all know, the current recruitment climate is pretty challenging in most areas. The Chartered Institute of People Development (CIPD) predicts that around 600,000 people in the UK will be made redundant in 2009. As a significant number of these positions have been and will be within finance and tax, lots of professionals are considering a move to interim management.
London, 1st July 2009
Tax recruitment is a tough place to work at the moment. We are in a recession. Credit has been crunched. Taxes have been cut. Corporate belts have been tightened. People have been made redundant. Costs have been controlled. Recruitment budgets have been slashed.
London, 1st July 2009
So many people I am meeting at the moment feel badly treated by the agencies they are using and have used for a number of years. We all know about the recession but it seems that morale is getting so low in some recruitment businesses that it is affecting how they interact with the people who are the key to their success – candidates!
London, 1st July 2009
In today’s harsh business climate it becomes easier to identify the divide between the outstanding talent and the merely adequate. This is as true among Headhunters as it is in any other industry.
London, 1st July 2009
Businesses today face some very serious issues: models and assumptions are being challenged and stressed in ways never previously assumed or dared; greater regulatory and investor scrutiny is creating the need for stronger financial analytics and investigation; valuations need to be rebased; relationships with financial sponsors and lenders need to be reconsidered and reworked; costs need to managed effectively and new ways of making profit found.