Small business owners face increased HMRC scrutiny amid Labour’s tax gap initiative
As the Labour Government sets its sights on closing the tax gap, small businesses and their owners could be targeted. Find out more in our infographic here.
Local councils
Economic pressures, complex legislation, cuts in funding, and the increasing need to achieve value for money. As a council, you’re probably very familiar with these challenges.
In-depth understanding and tailored advice
We can help you overcome these challenges by providing practical, specialist, and tailored advice and guidance. Working directly with your officers and councillors, we offer support with:
- shared service arrangements
- performance and efficiency improvements
- alternative forms of income generation
- internal audit services
- investment management
- due diligence investigations
Through years of experience, we understand the specific concerns of local authorities. You will have your own way of operating, which is why we tailor our services to meet your particular needs. We develop a close working relationship, enabling us to fully appreciate your aims and ambitions and identify opportunities as they arise.
Most importantly, we can work to a fixed fee to suit your budget. And you can deal with us by phone, email or in person without any additional charges.
Helping you set up shared service arrangements
The shared service model can be an effective way for local governments to react to constrained budgets. It can increase efficiencies while improving services to communities.
If you decide to go down this route, it’s important to have advisers who understand the associated financial, cultural and political complexities. At Price Bailey, we use our in-depth knowledge to guide you through the shared service process, always working towards your specific objectives.
We assess all available options, including outsourcing and joint ventures. This can involve working with senior politicians and senior management teams. Liaising with your legal advisers, we support you through implementation and help set up the most effective structure, such as an LLP or limited company. Then we provide ongoing support to meet your compliance requirements, including financial audit, tax and accounting. We can also advise on the next stages of growth, including selling services to other organisations.
We can help
Contact us today to find out more about how we can help you
Read our insights here
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The British Library cyber attack in 2023 is prompting other organisations to review their own cyber policies and practices.
A tale of two regions: Northern businesses face greater financial headwinds than southern businesses
Research provides insight into the financial differences for businesses in the North and the South. Read our report to find out more.
Price Bailey’s Wellbeing and Mental Health Ambassadors
In this piece, we have asked several of our Wellbeing and Mental Health Ambassadors to provide their thoughts as to why the role is of such importance to them.