Accentuate by K3 Hub – Tax and practice management update: VAT and employment tax update and the insight gap

Key VAT and employment tax considerations relating to property & construction

Delivered by Damon Wright, Director, and Aaron Kendall, Assistant Manager, from K3 Tax Advisory, this session focuses on:

• VAT liability of different supplies of land/buildings
• Opting to tax otherwise exempt supplies
• The impact of the Capital Goods Scheme
• Recent changes to the Construction Industry Scheme (CIS)
  • Mandatory returns for contractors
  • Increased obligations for contractors on fraud prevention within CIS compliance
  • Tougher penalties and ramifications for contractors
• HMRC CIS compliance checks and enquiries
• The importance of acting early when considering registrations for CIS as a contractor and subcontractor and making gross payment status applications

The insight gap: why professional firms struggle to turn data into better decisions

Professional firms have access to more operational and financial data than ever before, yet many leadership teams still struggle to translate that information into meaningful action. Disconnected systems, inconsistent reporting and poor visibility often lead to slower decision-making, increased risk and missed growth opportunities.

In this session Sam Phillips, Founding Managing Director at K3 Advantage, explores:

• Why the gap between data and decision-making continues to exist across professional firms
• What leading organisations are doing differently
• The shift from retrospective reporting to forward-looking insight
• The growing role of analytics and AI, and how firms can create greater visibility across performance, profitability and strategic risk

Speakers

Damon Wright
Director
K3 Tax Advisory

Aaron Kendall
Assistant Manager
K3 Tax Advisory

Sam Phillips
Founding Managing Director
K3 Advantage

About Accentuate by K3 Hub

Accentuate by K3 Hub, a regular series of webinars delivered by experts from K3 Advisory Group and selected external guest speakers, is designed to provide professional advisers with the latest industry developments and practical tips on building a profitable practice.