Recruitment Focus | July 2021 |
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Welcome to the first issue of Recruitment Focus RSM’s quarterly update for the recruitment sector We’ve brought together the latest guidance for the recruitment sector across tax and compliance, legal, M&A, people and governance. In this update, we have included insights from our experts on hybrid working, VAT reliefs on supply of staff, the latest sector M&A activity, ESG, and the latest legal and people considerations for recruiters to be aware of. | |
M&A latest activity | Recruitment sector M&A update In the first half of 2021, the UK recruitment sector M&A market showed clear signs of strengthening. Jonathan Wade, our M&A recruitment sector specialist, examines the latest deals activity in the sector. | | | People | People issues We have summarised some key people issues for recruiters to consider over the coming months, from returning to office-based working, vaccinations and right to work checks. | | | |
Tax and compliance | Hybrid working As employers start to formulate their new policies it is important to consider the implications from a collective tax, legal and HR perspective. | | VAT relief on your supply of staff VAT relief for supply of staff is a complex area. Our guide summarises the key VAT issues and considerations for recruiters and employers in the private and public sector. | | | Legal | A new single enforcement body A new single enforcement body to protect employment legal rights of workers will impact employers, recruitment businesses and umbrella companies. | | Provision of temporary labour Who do employment businesses employ under a contract of service and why does this matter? Carolyn Brown, our legal expert, tackles the employment status of agency workers for reporting purposes. | | | |
Governance | The Environmental Social and Governance agenda This is increasingly guiding critical decision making and Board priorities. From environmental policies and net zero targets through to modern slavery and gender and ethnicity gap reporting, there are more rules and regulations to master to remain competitive. Find out how the ESG agenda could impact your business. | | | Events | Virtual roundtable for recruiters: Preparing for a successful exit event Wednesday 21 July 2021, 4–5.30pm With M&A activity very much alive despite the pandemic, there is continued interest in moving towards an exit or sale event for many businesses. Join us as we discuss the importance of strategic planning and preparation to achieve an event which matches owners’ aspirations. | | | |
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| Neil Thomas Head of Recruitment Sector T: +44 (0)7887 791358 | | | | |
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