Recruitment

Industry Specific Advice

The recruitment sector is particularly diverse as it spans almost all business industries. In doing so, recruitment businesses can service clients from professional services, to construction, to retail, so fully understanding the nature of a business’s transactions, and the higher risk areas of recruitment businesses, allows us to solve their biggest problems.

Whether it is assisting with a business’s infrastructure as a result of fast organic growth, assisting with cash-flow/working capital issues to enable growth plans or simply working with business owners to achieve their immediate goals, our experience of the recruitment industry enables us advise on the real problem areas of the industry.

We use this experience to ensure that businesses are correctly structured the meet the goals of the owners. Whether businesses are looking to grow, maximise tax efficiency or plan for an exit or management buy-out, we our industry experience leaves us ideally placed to offer expert advice.

Who We Help

Start-up recruitment businesses
Established recruitment businesses
Umbrella companies
Exiting business owners
Employee based takeover schemes
Investors

How We Help

Assisting with business infrastructure, such as payroll systems and processes, staff reward schemes, share options, bonuses and employee benefits.
Specific tax planning for both the business and its owners, based on their individual goals.
Working on business growth plans and scaling up businesses.
Reviewing contracts and advising on the impact of IR35.
Advising on mergers and acquisitions.
Assisting with pension auto-enrolment requirements.
Assisting with specialist tax areas around R&D tax credits and Enterprise Investment Scheme registrations.
Assisting businesses with raising finance to assist with business growth.
Acting as your outsourced finance director and providing key commercial advice when your business needs it.

Did You Know?

In recruitment, cash-flow is king. Maintaining a healthy cash-flow is key to continuing and growing your business. There are plenty of ways to do this and if you need some assistance, we can connect you to our partners who can find a finance product that really suits your business. Whether this is a commercial loan, asset finance or invoice finance, having the right finance available for your business, will allow you to achieve your goals.
IR35 isn’t nearly as complicated as it’s made out to be! The key is understanding the key components of a contract and the size of the businesses involved, before it commences. Once the position has been determined, then you can be confident on the relevant action required. Recent changes around IR35 mean that from April 2021, medium and large businesses will need to decide whether the rules apply to an engagement with individuals who work through their own company. There is a useful contract checking tool that HMRC provides that allows you to explore your responsibly and ensure that your contracts have been fully reviewed. Our experience across IR35 allows us to really add value to our clients and remove their concerns around this area to ensure they’re not exposed to any potential shortfalls.
Research and development (R&D) tax credits are available across the whole of the recruitment sector. Providing you’re a solving a technological problem, any costs associated with this can qualify for a 230% tax deduction. For a business spending £100,000, a physical tax saving of £43,700 is available! A common area we see this in recruitment is around new, process driven software development, or integrated cloud solutions.

Knowledge & Experience

No matter how straightforward or complex your requirements may be, our team has the skills, knowledge and experience to help you and your business.

We have a proven record of helping our clients achieve their goals through our pro-active approach to tax planning. To see examples of how we have helped our clients, please take a look at our case studies.

See our case studies