HaysMac

📚 The Spring 2025 edition of our Schools Briefing is now live! Featuring articles from our specialist schools team on... 🗓 VAT and key dates and deadlines every school needs to know. 🎤 An interview with David Cole, Chief Operating Officer at the Sherborne Schools Group regarding their recent merger. ❗ A reminder not to forget Corporation Tax when looking at the operation of a school group. 📈 Changes announced in the Autumn Budget which will have a direct impact on staffing costs in 2025. 💥 Expert tips on best practices for governing your trading subsidiaries. Download the briefing here: https://bit.ly/43grcSw

🏃♀️ HaysMac Run Club! On Wednesday, our team had a brilliant time at our run club! At HaysMac, we pride ourselves on being a sociable firm, bringing together colleagues from all departments to bond and stay fit. Interested in joining our team? Check out our latest vacancies. 🔗https://bit.ly/4h4oIdW

We had a fantastic time this morning at our HaysMac FinTech Breakfast, and it was wonderful to be joined by so many founders and leaders from the FinTech sector! 🍳 A special thank you to Joe Parkin, Managing Partner at FinTech Growth Fund, for sharing his top tips and insights on the current Fintech market. Want to know more about our Fintech expertise and how we could support your business? Find out here: https://bit.ly/3CYiptP 👈

Calling all crypto users! ⬇️ The UK is rolling out the OECD’s Cryptoasset Reporting Framework (CARF) as part of the latest Budget. The new measures mean that HMRC will now have full details of UK crypto users, including all transactions and held assets, making it even more important for users to be aware of crypto tax rules. 📈 Curious about how this impacts you? Danielle Ford, Partner and Head of Tax Disputes & Resolutions, is here to break it down and guide you through the next steps: https://bit.ly/41AfLCP 👈 Get in touch with Danielle for advice and support. Stay informed and compliant! 📊💼

Trustee Training: Roles and Responsibilities 📢 Join us for a session with Tom Brain, Director at HaysMac, alongside Ben Minter and Maisie Hobbs, CFA from Cazenove Capital, and Emma James and Joseph Harris from Farrer & Co. 🗓 Date: 6 March 🕒 Time: 9:30 - 13:30 Topics include: - Trustee investments - Charity guidance - Governance and legal structures 🔗 Register now: https://bit.ly/4khBsjh

Are you attending next week's HFM European Boutique and Emerging Managers Summit? ⬇️ Catch our very own Dougie Todd, Partner and Co-Head of VAT, and Edward Parkes, Director, there, bringing their wealth of experience, with Dougie hosting a roundtable session on how fund managers can best mitigate VAT risks, on Monday. There's still time to get in touch to arrange a meeting with our team at the event: https://bit.ly/3DynRk3. 👋 With Intelligence

Ensuring accurate VAT declaration is a staple requirement for any business ✅ As HMRC’s latest Guidelines for Compliance (GfC) 8 updates will likely form the basis of compliance reviews in 2025 and beyond, now is the time to make sure you are up to date with the updated rules. 📚 Read our overview and if you need support, reach out to HaysMac Partner, and Co-Head of VAT, Dougie Todd to discuss your needs: https://bit.ly/4gNrvat

HMRC’s reversal on its LLP taxation stance is a necessary correction, but this latest tax saga raises deeper concerns. As Partner and Head of Private Client, Majid Hussain, noted in City AM, "While this reversal is a welcome step, the fact that firms were left in limbo, investing time and resources to defend their position, highlights broader concerns about the UK’s tax policy unpredictability. The government must ensure that tax rules remain stable, transparent, and internationally competitive, particularly in an environment where investment and talent are increasingly mobile." To read Majid’s comments in full, visit: https://bit.ly/4i2libK #LLP #Privateequity #Tax

Why RAAS ❔ HaysMac’s Risk Assurance and Advisory Service (RAAS) team is on hand to help get you ahead of the curve. 💬 Our RAAS mini-series explores ways to minimise your risk and avoid common pitfalls. This week we look at: The Importance of Service Organisation Reports: ISAE 3402 & AAF 01/20 In today’s business environment, outsourcing key functions is common, but how do organisations gain assurance over the controls in place at their service providers? This is where service organisation reports, such as ISAE 3402 and AAF 01/20, play a critical role. As the demand for transparency and accountability continues to grow, service organisation reports are more important than ever. If you have customers that rely on your services, have you got independent assurance reports in place? Read more on our Service Organisation Reports here: https://bit.ly/3PBVQxr

Online platforms connecting sellers with buyers have submitted their first reports on seller activity under the Reporting Rules for Digital Platforms regulation. 👀 As with any new reporting process there have been some validation issues when uploading reports to HMRC, and there is still evidence of uncertainty amongst companies when considering if they are within the scope of the regulation.   If you run an online platform or connect sellers with buyers and have issues with reporting or scope, visit our page and let’s talk 👉https://bit.ly/4hwb43p