Self Employment Support Scheme

self employment income support scheme

With the Self Employment Income Support Scheme being extended to provide support until March 2021 HMRC have published the details for the third grant. The Changes The eligibility rules have changed, however a self assessment tax return for 2018-19 will need to have been submitted and will need to show income from self employment. The … Read more

Capital Gains Tax Changes

Capital Gains Tax changes

Capital Gains Tax changes self assessment taxpayers need to know. HMRC is reminding taxpayers that they have until 31 January 2021 to declare any profit made from selling a UK residential property, which was not their main home, during the 2019-20 financial year. Since 6 April 2020 there have been changes to how taxpayers declare … Read more

Self-Assessment Scam Warnings

self assessment scam warnings

HMRC issue self assessment scam warnings asking self assessment customers to be alert to criminals claiming to be from HM Revenue and Customs. As the department issues thousands of SMS messages and emails as part of its annual Self Assessment tax return push, HMRC is warning customers completing their returns to take care to avoid … Read more

Job Retention Scheme Update

CJRS_extension-until-March-2021

It has been announced that the Coronavirus Job Retention Scheme will be extended until March 2021. This is a 5 month extension to the original scheme which will support employers keep employees over the winter months. Workers across the United Kingdom will benefit from increased support with a five-month extension of the furlough scheme into … Read more

Job Retention Scheme Extended

Job retention scheme extended

In light of the increased restrictions introduced to curb the coronavirus pandemic, the UK government have announced the job retention scheme will be extended, this is one of the additional economic measures to support both employers and employees. Latest changes The Coronavirus Job Retention Scheme (CJRS), which was due to end on 31‌ October, will now … Read more

Job Support Scheme expanded for businesses required to close

Job Support Scheme

The Job Support Scheme has been expanded to include support for businesses required to close due to local restrictions. Extension of the Job Support Scheme (JSS) The new Job Support Scheme has been expanded to offer support to businesses across the UK that are required to close their premises due to coronavirus restrictions. Businesses required … Read more

Tax relief for working from home

Job retention scheme extended

HM Revenue and Customs (HMRC) has received more than 54,800 claims from customers using a new online portal which allows workers to claim tax relief for working at home. Launched on 1 October, the online portal is simple to use and has been set up to process tax relief on additional expenses for employed workers … Read more

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