We are delighted to share the Spring 2025 edition of our Professional Institutes and Membership Bodies (PIMBs) briefing.
To begin, Dominic Noakes, a Director within our Outsourcing team, shares his views on how outsourced accounting supports business growth. There are a number of benefits of outsourcing accountancy services which Dominic comments on.
Professional bodies need to continually adapt to stay relevant and support their members. Jackson Berry, a Senior Manager in our Audit team discusses the biggest challenges facing professional bodies in 2025 and beyond.
Kathryn Burton, Partner and Head of PIMBs covers the future of the workplace and what this looks like for professional associations. Following COVID-19, the workplace as we used to know it has changed. Professional associations now need to consider flexible and remote working and the implications to existing building space. Professional associations will also be impacted by digital transformation and and the challenges and opportunities this raises.
Procurement in today’s dynamic business environment is a key focus area and is covered by Rakesh Vaitha, a Director in our Risk Assurance and Advisory Services (RAAS) team. Rakesh discusses how procurement plays a crucial role in identifying cost saving opportunities and should be reviewed regularly. Rakesh provides some useful strategies that membership organisations can adopt going forward.
Co-editor Stephen Patey, Director comments on the VAT place of supply rules for online and in person conferences. New rules were introduced across the EU from January 2025 in relation to virtual events so now is an opportune time to review the VAT treatment that is currently being applied to income being generated from both in person and virtual conferences.
Nick Bustin, Director and Head of Employment Tax, discusses recent employment tribunals and the effects this will have going forward on the employed vs self-employed determination by HMRC of those providing services such as invigilators, question setters and markers for professional bodies.
Finally, co-editor, Jamie Whale, Senior Manager, reports on the recent ‘Reporting Rules for Digital Platforms’ regulation which came into effect from 2024. He discusses the key provisions of the regulation, the definition of a digital platform and provides examples of when an organisation may be impacted by the new regulation.
We hope you enjoy this edition and find these articles relevant to your organisation. Do feel free to let the articles’ authors, or your regular contact know if you have any questions concerning the matters discussed. We would welcome any feedback on the Spring 2025 edition of HaysMac’s PIMBs Briefing and, in particular, any topics you would like us to consider for future editions.
