The Baker Tilly network today announced combined global revenue of US$4.04bn for the year ended 31 December 2020, up 5% from 2019 at constant exchange rates. Across the year, global headcount increased to 37,000 people across 148 territories, reflecting our ongoing investment in and commitment to our people.

Nick Jeffrey is to be Baker Tilly’s new Director of Professional Standards, succeeding Paul Winrow who has moved to a partnership role in the network’s UK member firm, MHA.

As we come out of lockdown, business leaders are faced with issues as diverse as ensuring the safety of employees and customers, shoring-up cash and liquidity, repositioning operations and navigating complicated government support programmes.

ICAS (the Institute of Chartered Accountants of Scotland) has announced its list of the top 100 young chartered accountants (CAs) as part of a global event, and Sandy Cameron, Director at Baker Tilly Channel Islands, has been named in the list.

Persons who registered for tax in Jersey before 2006 will be on a prior year basis (PYB) instead of a current year basis (CYB) of tax. This means these persons pay their tax each year in respect of the previous year’s liability and not the current year.

Baker Tilly Channel Islands has strengthened its senior leadership team with the promotion of two key team members, Hafeez Azeez and Sandy Cameron, to the role of Client Director. 

COVID-19 presents real issues and practical difficulties insofar as the preparation of financial reports and accounts, and the carrying out of audits, are concerned

We recently looked at why, when navigating a crisis, companies must secure the co-operation of their co-workers and staff. The next step in the recovery process is a turning point.

Our 2018-19 international tax survey revealed that transfer pricing and permanent establishments topped the list of concerns for multinational businesses. A year on, and those concerns continue to dominate

In our recent article The road ahead: Now is the time to seek counsel we highlighted the first of the Seven Cs of Business Recovery: seeking Counsel. Here, we look at the second step: Communication.

The key highlights of the Budget 2020 measures and some reminders of changes already in place for this year are set out below: