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The HaesCooper Resource Centre

News and advice by HaesCooper – the latest news affecting you and your business from HMRC and other sources.

Date: 8th January 2021 | Post by: HaesCooper | Category:
In this blog post we identify UK tax updates we think SMEs and business owners should be aware of as they trade through these difficult times.  VAT  As a result of COVID-19, VAT payment deadlines have been extended. Chancellor Sunak announced that those VAT registered business who have deferred their VAT payments to 31...
Date: 16th December 2020 | Post by: HaesCooper | Category:
New off-payroll rules will come into force from the 6 April 2021. We have previously written about this change, but in this blog post we will look again at the rules and how they can apply if a worker provides his or her services through their own personal service limited liability company or another type of intermediary...
Date: 2nd December 2020 | Post by: HaesCooper | Category:
A recent case study before the Court of Appeal has found that a crew cab van provided by an employer for use by their employee/s is to be treated as a car, for the purpose of assessing income tax on the employee, and Class 1A NIC on the employer under the ‘benefits in kind’ rules.  HMRC brought the case to the Court of...
Date: 26th November 2020 | Post by: HaesCooper | Category:
Here’s something to look forward to - if you’re self-employed or a landlord (with a turnover of more than £10,000 per annum) – from 1 April 2023, there will new legislation that will bring the Making Tax Digital (MTD) requirement to every business paying UK income tax.  At present, MTD only applies to VAT-registered...
Date: 18th November 2020 | Post by: HaesCooper | Category:
More and more UK businesses are realising that there is a ‘new normal’ to working – as we, and the rest of the world, battle the COVID-19 pandemic. Smart business owners will ensure that their businesses are prepared for the changes forced on them by the virus – and will try to take what advantages there are from the new...