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...
Chancellor Announces Plans to Boost the Economy in the Wake of Covid-19
The Chancellor, Rishi Sunak, has announced a wide-ranging package of measures to try to boost the shrinking economy and save jobs in his Summer Statement on 8 July. Specific measures announced include: Job Retention Bonus There was no extension to the furlough scheme...
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...
VAT Domestic Reverse Charge for Construction Services delayed to March 2021
The VAT domestic reverse charge for construction services has been delayed again until 1st March 2021, further slowing down the roll out of this scheme. In a surprise move, HM Revenue and Customs announced the latest delay on 5 June 2020, one week after stating there...