HMRC reject calls to relax tax return deadline
HMRC has rejected calls from professional bodies to relax the self assessment filing deadline. Penalty notices will be issued as usual to all who file late but more time will be allowed to appeal. The Institute of Accountants in England and Wales (ICAEW) have reported...
Furlough extended until March 2021
The Coronavirus Job Retention Scheme (CJRS) is being extended until 31st March 2021. This is what we know so far before the full guidance is published on 10th November: The scheme rules are predominantly the same with a few revisions. Employees will receive 80% of...
COVID-19: Chancellor announces ‘Winter Measures’ support package
Rishi Sunak has today announced his ‘Winter Measures’ support package to help businesses, employees and individuals through the ongoing troubles of the global COVID-19 pandemic. The Chancellor announced a package of measures that includes a new Jobs...
Self Employed Income Support Scheme Round Two Opens 17th August
The Self Employed Income Support Scheme (SEISS) has been extended to a second round. The first round is now closed to applicants and round two will open on Monday 17th August. If you were eligible for the first grant and can confirm to HMRC that your business has been...