Category Archives: News

Leadership – Caring for & Empowering your Team with @FeargalMcC

The Chief Executives’ Club at Queens University Belfast are delighted to host an evening lecture on Leadership – Caring for & Empowering your Team with Feargal McCormack President of Chartered Accountants Ireland & Managing Director of PKF FPM on Tuesday 14 May.

 

 

To book your place please click here

 

Spring Statement 2019

The Chancellor has presented his Spring Statement announcing that he intends to launch a full three year spending review this summer.  A low key mini budget, the Statement undoubtedly aimed to avoid more potential difficulties for the government, as it struggles to finalise a Brexit deal.

 

As expected, and widely publicised, Mr Hammond’s Spring Statement did not include any tax changes or new spending initiatives, instead it focused on reviewing Office for Budget Responsibilities (OBR) figures and announcing consultations, in particular:

 

  • 13 consultations, draft regulations and call for evidence documents which are due to be published in the coming months, including regulations for maturing child trust funds and a consultation on extending private residence relief in capital gains tax (CGT)
  • Plans to clamp down on late payments with a requirement for the audit committees to report on payment performance
  • Making Tax Digital will not be extended to buy-to-let landlords or businesses before 2021 at the earliest
  • HMRC and the Treasury have published a consultation seeking views on draft legislation for non-residential structures and buildings capital allowance

 

For further details on the announcements in this year’s statement download our PKF-FPM Spring Statement 2019 and if you wish to discuss your specific tax queries, please contact our Senior Tax Manager, Seamus McElvanna at s.mcelvanna@pkffpm.com

PKF-FPM placed 27th in The Sunday Times 2019 Top 100 Best Small Companies to Work for in the UK

Northern Ireland headquartered accountancy practice, PKF-FPM has scored another milestone success…. after being placed in the prestigious Sunday Times Top 100 Best Small Companies to Work for, for the second consecutive year.

Ranked 27th in the UK small-sized business category, PKF-FPM jumped an astonishing 37 places from position 64 last year. Indeed, PKF-FPM achieved the Number One spot in Northern Ireland against stiff competition.

PKF-FPM Accountants, currently employing 120 plus staff across five offices – 4 in Northern Ireland and 1 in the Republic of Ireland has established a reputation as one of the leading independent accountancy and business advisory firms operating on the island of Ireland.

Annually The Sunday Times assess and recognise the quality and popularity of companies to work for in the UK, across all sectors and industries. Now in its 19th year, the ‘Best Companies To Work For’ ranking celebrates the elite of Britain’s employers across four different categories: The 100 Best Companies, the 25 Best Big Companies, the 100 Best Small Companies and 100 Best Not-for Profit Organisations.

On average around 1,000 companies enter the Awards each year, making it widely acknowledged as the most comprehensive research into employee engagement across the UK.

Places in the rankings are determined by results of a extensive staff survey measuring seven key areas including Leadership; Personal Growth; Team; and Giving Something Back alongside a review of pay, benefits and work-life balance.

The glittering Awards Gala Ceremony, hosted by I’m a Celebrity – Get me out of Here! Now! T.V. presenter, Mark Durden-Smith, took place on Wednesday evening 20 February 2019 at Battersea Evolution, Battersea Park in London.

On accepting the award, People & Culture Director Teresa Campbell commented: “inclusion in The Sunday Times 2019 Top 100 Best Small Companies to work for in the UK, means that PKF-FPM Accountants has now been recognised and acknowledged as an exemplar employer in a variety of national Awards for the fifth successive year.”

Picture left to right – Team PKF-FPM members Ciara McFerran People & Culture Manager, Seamas Keating Insolvency & Corporate Recovery Director, Caroline Preston Business Development Manager, Feargal McCormack Managing Director, Teresa Campbell People & Culture Director, Malachy McLernon Tax Director.

Brian McConville delivers keynote speech at Ulster University Business School Leadership Event

“Our team is the best in the world- we don’t just say that, our customers do. This comes down to our company Values which include having a ‘can-do’ attitude. We work together as a team to deliver and to make things happen.”

 

These were just some of the thoughts towards achieving success shared with business leaders by MJM Group Chair, Brian McConville, as keynote speaker at the PKF-FPM Annual Leadership Talk.

 

The event was part of the 2019 MJM Management Month initiative, in association with Ulster University Business School held at the Belfast campus.

 

Brian set up his joinery business in Rathfriland 35 years ago. He has gone on to create of the world’s leading marine outfitting business’s MJM Marine with offices in Newry, Southampton and Poland. He then acquired world renowned interior and marine fitout business, Mivan and recently purchased specialist glass company Topglass- a long standing supplier to MJM Marine and Mivan. The businesses now employ more than 600 across the Group.

 

MJM Marine based in Newry, is one of the world’s leading cruise line refit companies and works in partnership with the largest cruise line operators in the world on their rolling refurbishment programmes. The company recently completed the fit-out of the Azamara Pursuit for Royal Caribbean at Harland & Wolff, the largest project of its kind in Belfast for many years.

 

In 2014, Brian acquired the assets of construction company Mivan, followed by further expansion four years later with the purchase of specialist glass supplier Topglass.

 

The McConville family also own an extensive property portfolio which includes Damolly Retail Park in Newry; Galwally House and Drumkeen Retail Park in Belfast; Clarence Chambers and Pearl Assurance House in Belfast city centre and a range of other commercial, retail and residential properties.

 

During the one-hour conversation with broadcaster Gerry Kelly, Brian gave a detailed overview of his career and talked about his charity work and love of horses.

 

Speaking at the event, which attracted a capacity audience, PKF-FPM Accountant’s Managing Director, Feargal McCormack, stated that Brian’s entrepreneurial journey should be an inspiration to everyone in business. “Brian has shared his business experience most generously and demonstrated how perseverance and sheer determination are the sure routes to success. The evolution of his company over 35 years has been remarkable and testament to his personal commitment to deliver both quality of service and value for money to his customers large and small across four continents.”

 

Professor Mark Durkin, Executive Dean of the Ulster University Business School, said, “We were delighted to work with Professor Feargal McCormack and his team at PKF-FPM in organising the now very well established Annual Leadership Talk. As a business school that is committed to stimulating entrepreneurial thinking and driving innovative approaches to doing business, it is invaluable to hear from leaders who have practical and real experience. Brian demonstrated that entrepreneurial flair in his talk and it was an honour to welcome such a successful business figure to share with us his thoughts on leadership.”

 

 

 

 

Photo Caption

At the PKF-FPM Annual Leadership Talk in association with Ulster University Business School were PKF-FPM Director Paddy Harty, Executive Dean of Ulster University Business School Professor Mark Durkin, PKF-FPM Managing Director Feargal McCormack, keynote speaker Brian McConville, and event host Gerry Kelly.

 

 

PKF-FPM Leadership Talk with Brian McConville

Join Brian McConville as he chats to Gerry Kelly at the PKF-FPM Annual Leadership Talk.

This event will take place as part of the 2019 MLN Management Month in association with the Ulster University Business School.

 

When:
Thursday 14th February 2019
Starting at 10.00am sharp (Registration from 9.15am)

 

Where:
Ulster University Business School,
Ulster University,
Belfast Campus,
York Street,
Belfast
BT15 1ED

 

Places are by invitation only and are limited, to reserve your seat please contact our Belfast Office 02890243131 or email Lauren Quinn to book your place l.quinn@pkffpm.com

 

To download the invitation please Click Here

 

 

Cyber Security

Please be aware of businesses in Northern Ireland and Ireland being targeted by scammers who contact companies requesting credit card details to successfully complete the delivery of a parcel. The amounts requested will usually be very small, and they may use the name of another business known to you to connect you to the delivery. Delivery companies will never contact you to request payment details – they will either return the parcel or ask for cash on delivery if additional payments are due.

 

Other Top Cyber Security Tips: 

 

• Don’t open emails from people you don’t know
• Hover over links to see the real websites you are being taken to
• Look out for spelling or grammatical mistakes in unusual emails
• Review your bank and credit card accounts regularly for suspicious transactions
• Use Strong Passwords – combinations of uppercase and lowercase letters, numbers and special symbols
• Keep your software up to date – both on your computers and mobile devices
• Use anti-virus software and firewalls (and update them regularly!)
• Create difficult mobile passcodes – not your birthday or bank card PINs

 

Remain vigilant and safe this Christmas!