Self Employed Income Support Scheme Round Two Opens 17th August

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...
Eat out to help out scheme details

Eat out to help out scheme details

The government has launched its latest scheme to support the struggling hospitality sector on 3 August, based on the initial uptake it has proved to be popular with the scheme being used more than 10.5 million times in the first week. The scheme has already had an...
Xero ready for the new VAT rates

Xero ready for the new VAT rates

Last week the chancellor announced a temporary cut in the VAT rate for certain supplies in the hospitality and tourism sector with the standard 20% rate is being reduced to 5% from 15 July 2020 until 12 January 2021. We’re pleased to say that Xero’s got...
How your Covid-19 claims could affect your R&D tax credits

How your Covid-19 claims could affect your R&D tax credits

We are expecting HMRC to challenge future claims for Research and Development tax credits on the basis of claims made under the various Covid-19 support schemes. This is because subsidies and grants will affect eligibility for R&D tax credit claims. RDP has...
Capital Gains Tax: Reporting and payment periods shortened

Capital Gains Tax: Reporting and payment periods shortened

Important changes to the deadlines for filing and paying CGT on the disposal of UK property Few property transactions are proceeding at the moment but anyone selling UK residential property needs to be aware that CGT due should now be reported and paid within 30 days...