8 March

2017 Spring Budget – Key Announcements

The Chancellor of the Exchequer used the final Spring Budget in the UK to unveil some significant tax changes. However, for the self-employed and landlords with an income under the VAT threshold, the best news was that the government has listened to the many representations, including those of CooperFaure, and deferred the introduction of Making […]

2 March

HMRC Employment Status Service Tool – Live

The latest update from HMRC is that the Employment Status Service Tool is live here for contractors and engagers in the Public Sector. As we outlined in our last newsletter, the concept is that by answering a number of questions around the relationship between the contractor and their Public Sector client, the tool will provide an […]

2 March

UPDATE – The VAT Change That Will Impact Contractors, Consultants and Accountants!

Further to our newsletter in December, the HMRC consultation on the proposed introduction of a new VAT Flat Rate of 16.5% for ‘Limited Costs’ businesses has closed. As we expected, there has been no change to this policy which will come into effect from 1st April 2017. The only concession is that companies will be […]