RSM
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Latest News 3 FebAM News Show: former Inchcape CEO James Brearley ‘flattered’ by Marshall links
Former Inchcape chief executive James Brearley has told the AM News Show podcast that he was “quite flattered” to be linked with the Marshall Motor Group CEO role formerly held by Daksh Gupta.
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Technology 17 NovCar retail sector must bolster cyber defences as attack threat ramps-up
RSM has urged car dealers across the UK to prioritise enhanced cyber security in response to increasing concern around the number of cyber-attacks across the sector.
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Market Insight 28 Sep‘Clock is ticking’ to deliver tax perks for EV-buying businesses
Car retailers have been told that the “clock is ticking” on tax incentives for business customers switching to electric vehicles (EV).
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Finance and insurance 14 JunKeeping car finance competitive amid BoE's rising interest rates
Car dealerships are facing a double whammy of rising overheads and diminishing consumer finances after the Bank of England (BoE) further increased interest rates this month to 1%.
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Market Insight 22 MarIs car retail open to double-whammy from Treasury’s online sales tax?
Car retailers driving towards an omnichannel sales journey could be subject to a double-whammy of “complex” new taxation, it has been suggested.
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Latest News 15 NovSoaring energy prices compel car dealers to switch off the showroom lights
Car retailers could be compelled to turn out the showroom lights and accelerate decarbonisation as energy price rises start to impact margins, AM has been told.
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Opinion 3 AugCar retail ‘resilient’ after measured acceptance of Government support, opinion
The car retail sector’s well-considered the acceptance of Government’s COVID-19 support have left many businesses on a sound footing to deliver a successful 2021.
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Opinion 10 JunHMRC has misfired on electric car VAT rules, opinion
Does HMRC’s new VAT policy on the costs of charging electric vehicles (EVs) stack up with the government’s wider environmental goals?
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Market Insight 10 MarChancellor’s ‘super-deduction’ tax break to boost car dealership investment
Costly corporate identity upgrades and showroom developments should be pulled forward to take advantage of Rishi Sunak’s ‘super-deduction’ tax relief offer, according to RSM.
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Opinion 21 Jan
COVID-19 and EVs to keep cashflow the heart of car retail’s 2021 strategies
A Brexit deal may have been done but with COVID-19 and the electric vehicle (EV) agenda at the heart of car retail’s challenges in 2021, Alison Ashley, RSM’s head of motor retail, has highlighted her key predictions for the years ahead.
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Market Insight 7 AugRSM urges car dealers to maximise tax relief from showroom developments
Car dealers are being urged to ensure they have maximised available capital allowances resulting from infrastructure investments in a bid to leverage vital tax relief.
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People News 19 NovLadies Automotive Club thriving at third anniversary dinner
An automotive sector social club aiming to give the industry’s female employees an informal place to share ideas, experiences and key contacts is thriving three years after it was founded.
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Acquisitions and deals 10 JulGreenhous Group acquires Southampton’s Adams Morey
Greenhous Group has acquired £61 million turnover Adams Morey to grow its representation with Fiat vans and Daf Trucks and Ford van servicing.
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Opinion 13 MarFCA’s motor finance review should sharpen compliance focus, guest opinion
The long-awaited FCA update on the motor finance industry has sharpened the sector's focus on Difference in Charge (DiC) arrangements that can lead to higher interest rates for consumers.
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Supplier insight 4 Jan
5 minutes with.... Alison Ashley, head of automotive, RSM UK
Alison Ashley, RSM UK’s head of automotive, offers dealers advice on how to cope with the pressures of WLTP and Brexit
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Technology 20 Nov
Making Tax Digital: dispelling the myths of the HMRC roll-out
Making Tax Digital (MTD) for VAT is being introduced by HMRC next year and presents a huge change for dealers, as HMRC seeks to digitise the administration and collection of tax.
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People News 3 OctRSM appointment strengthens automotive sector tax know-how
RSM has appointed Mark Morton as a partner to strengthen its automotive sector tax and auditing expertise for OEMs and car retailers.
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People News 23 JulFormer Jardine Motors head of tax Robert De La Rue joins RSM
Jardine Motors' former head of tax Robert De La Rue has joined RSM as a partner as the business looks to strengthen its national automotive practice.
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Finance 24 Mar
Review payment options to avoid transaction charges, says RSM
Dealers need to review customers' payment options carefully to avoid shrinking margins caused by recent changes in payment card charges introduced by the EU, according to audit and tax specialists RSM.
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Opinion 20 FebGuest opinion: The hidden risk of VAT - is the motor industry compliant?
There are many areas of motor retail that can be subject to VAT risk and failing to apply the right VAT treatment in these situations can lead to assessments for underpaid VAT and the threat of penalties and interest.
