PKF-Francis Clark Chartered accountants & business advisers

Congratulations to Chris Hill who celebrates 10 years at PKF Francis Clark! 🎉 Thank you for your continued hard work and commitment. Chris said: “When I left school, I wanted to become a professional golfer and so studied towards a sports science qualification, tailored towards golf. Unfortunately, a car accident put a stop to that career (daydream), and so I looked at joining the army as an officer. Regrettably, the injuries sustained from my car accident prohibited me from pursuing this career path and so I decided to google ‘best paid jobs’ and there you have my thought process behind the accounting dream! I joined Francis Clark’s Plymouth office on 2 December 2014, after previously working for three smaller firms. I was employed as an accounts senior, self-studying towards the ACCA qualification. After qualifying a position opened at our Torquay office as a manager. As I still live in Plymouth, I am fortunate enough to be able to work from their a few days a week, with the remainder at the Torquay office. Some of my highlights are the staff socials, volunteering days helping the local community, building great relationships with peers and being involved within our trainee assessment days – it’s great to be able to give back to the local community. My favourite part of the job must be the people I’ve met, along with really getting to know clients and their businesses. Forging a real solid relationship with clients enables you to delve so much deeper into their affairs and think outside the box with strategies and tax planning ideas. Francis Clark encourage working autonomously which gives you so much freedom and the ability to learn a wealth of additional knowledge.” #Achievement #FrancisClarkLife #LongService

We're proud to be a trusted Crescent Purchasing Consortium supplier on the external audit – South West framework – helping to give back to the education sector. Find out more about the framework: https://lnkd.in/edwbaXci #CPC #CPCFramework #EducationSector #Procurement

Our latest sector update for food, drink, and hospitality businesses following the UK Budget and US election is here. Analysing the recent Budget was challenging, but there are many points to dissect, including: - People costs - Business rates - Duty on draught alcohol - Plastic packaging - Business planning; and - Exiting business and incentives for employees Read the full insight: https://lnkd.in/e8N3gFFG #PKFFrancisClark #FoodIndustry #HospitalityIndustry #BusinessInsights #SectorUpdate

Discover how Coastal Group, a family-run business from Cornwall, transformed the ironmongery industry with their innovative, marine-grade stainless steel products. From humble beginnings in a loft space to a thriving company with over 55 employees, Coastal Group's journey is a testament to bold decisions and unwavering principles. With the support of Ian Hughes and PKF Francis Clark, they've navigated challenges like R&D, customs, and VAT, and achieved remarkable growth. Read the full case study to learn how Coastal Group continues to set the standard in quality and durability: https://lnkd.in/eXceaTPD #PKFFrancisClark #CoastalGroup #BusinessSuccess #Innovation #FamilyBusiness #Ironmongery #CaseStudy

We carried out due diligence for Growth Lending on a multi-million pound funding package for Net Essence Ltd, a leading provider of managed IT services. The funding has enabled Net Essence to acquire WIT: (WORKSHOP IT LTD) - a significant milestone in its growth journey. Nathan Holland, corporate finance associate director at PKF Francis Clark, said: “We were pleased to support Growth Lending on this transaction, which will help pave the way for Net Essence’s next phase of growth and demonstrates Growth Lending’s flexible support for growing SME businesses. Our approach to due diligence is to collaborate closely with all parties involved in the deal to make the process as smooth and efficient as possible.” Read more: https://lnkd.in/edWryCfB #DueDiligence #Deals #CorporateFinance #Funding Sophie Swift (née Watton)

How will AI impact payroll management?   AI is set to change how employers use payroll software, with tasks automated and errors reduced.   But complete automation also has its risks, and human expertise is key to ensure compliance with complex regulations.   👉 Discover more in our latest blog:  https://lnkd.in/eas59UVb Eve Iunco Beth Hardaker Erica Turner   #PayrollManagement #AI #HRTech #PayrollAI #Payroll

Are you interviewing for apprenticeship jobs? Our latest blog about preparing for our assessment centres is packed with tips to help you shine. From mastering group exercises to acing the interview, we’ve got you covered. 👉 Read the blog here: https://lnkd.in/eJ_SAFBj #AccountingCareers #Apprenticeships #AssessmentCentre

📢 Attention furnished holiday let (FHL) owners and operators: Recent tax changes could impact your VAT obligations. And non-compliance with the new reporting rules will lead to penalties. Our expert VAT team is here to help you navigate these changes. Through a comprehensive FHL review, we'll identify potential VAT exposures and guide you in making informed decisions to mitigate or eliminate these risks. For further information, read the attached flyer and contact our expert VAT team. #TaxChanges #VATCompliance #FHLBusiness #ExpertAdvice

This week, we had the pleasure of hosting over 60 business leaders at our events in Plymouth and Truro. Elizabeth Martins, HSBC’s senior economist, shared her insights on the current economic conditions in the UK. While we face interesting and challenging times ahead, there are also plenty of opportunities on the horizon. #BusinessLeadership #EconomicInsights

Is your company nearing the end of its useful life with capital to be extracted? If you still have some business asset disposal relief (BADR) available within the lifetime limit, now is the time to plan. Liquidating your company and distributing its assets before the tax increase in April 2025 could be an option to consider. Planning and executing a solvent liquidation takes time. Read the full insight from Nick Harris to see how we can help: https://lnkd.in/eSrR74wY #BusinessPlanning #TaxPlanning #BADR #Liquidation