HMRC have published details of the SEISS third grant, we've summarised the main points below: - The third grant, which offers 80% of three months’ average trading profits, paid out in a single taxable installment capped at £7,500, will be available covering the period from 1...
Coronavirus Job Retention Scheme The Coronavirus Job Retention Scheme (CJRS), which was due to end on 31 October, will now be extended, with the UK government paying 80% of wages for the hours furloughed employees do not work, up to a cap of £2,500 for...
It’s easy for everyone to forget that there are other major changes happening across the world beyond those driven by COVID-19. The changes to our relationship with Europe, the trade and political tensions between the USA and rest of the world will all influence our future...
Summer Economic Update Yesterday, the Chancellor Rishi Sunak made a speech entitled “Summer Economic Update” where he unveiled further Government supports and he unveiled the Government’s plan for jobs which he described as the “Second phase in in the Government’s economic response to the crisis.” Here are...
This post is in relation to the self-employment Income Support Scheme (SEISS). We understand from HMRC that accountants won’t be able to make claims on behalf of their clients and clients will require their own Gateway account in order to make a claim. As such, please...