Third SEISS grant opens
1 Dec 20 The third self-employment income support scheme (SEISS) grant has opened for applications. To qualify for the grant, applicants must either be currently
UK borrowing hits £22.3bn in October
20 Nov 20 Government borrowing has dropped to £22.3 billion in October, down from £28.6bn a month earlier, as a result of continued spending to
Self-employed sector faces ‘avoidable decline’, says IPSE
13 Nov 20 Self-employed individuals are facing a “long-term but avoidable decline” in the sector, according to the Association of Independent Professionals and Self-Employed (IPSE).
Government extends furlough scheme to end of March
6 Nov 20 The Government has extended its furlough scheme until the end of March, with employees receiving 80% of their current salary for hours
Self Employment get more financial Support
3 Nov 20 The self-employed can claim up to 80% of trading profits during the initial month-long lockdown in England, Chancellor Rishi Sunak has confirmed.
Job Support Scheme
20 Oct 20 Job Support Scheme (From 01/11/20)- Replacing Job Retention Scheme The new scheme works as follows: Runs from 1 November for six months
Significant Capital Gains Tax Changes
20 Oct 20 From 6 April 2020, there were significant Capital Gains Tax changes that dramatically affect the tax paid on residential property sales by
Over 54,000 employees claim home working tax relief
16 Oct 20 HMRC has received over 54,800 claims from customers using a new online portal which allows workers to claim tax relief for working
State pension age increases to 66
6 Oct 20 The age at which people start to receive the state pension has increased to 66 for both men and women. People born
Treasury issues job retention bonus guidance
5 Oct 20 The Treasury has attempted to clarify how businesses can claim the job retention bonus from next year. The bonus will work alongside
