Dec 1, 2020 | Current Affairs
The third self-employment income support scheme (SEISS) grant has opened for applications.To qualify for the grant, applicants must either be currently trading and affected by reduced demand, or temporarily unable to trade as a result of the coronavirus pandemic,...
Nov 27, 2020 | Current Affairs
Applicants for the third self-employment income support scheme (SEISS) will be issued with a new test as the Government tightens its eligibility criteria.New guidance for the scheme has been published ahead of the portal opening for claims on 30 November.To qualify...
Nov 26, 2020 | Current AffairsGovernment Announcements
Chancellor Rishi Sunak has announced the UK economy is set to contract by 11.3%, the highest fall in over 300 years, as a result of the COVID-19 pandemic.In his November Spending Review, Sunak revealed the economy is predicted to grow by 5.5% in 2021, but economic...
Nov 25, 2020 | Current Affairs
The Association of Taxation Technicians (ATT) is calling for guidance from HMRC in regards to virtual office Christmas parties.The ATT is asking for clarification on whether virtual parties, especially those that include a ‘party box’, will be eligible for the usual...
Nov 20, 2020 | Current AffairsGovernment Announcements
Government borrowing has dropped to £22.3 billion in October, down from £28.6bn a month earlier, as a result of continued spending to support the UK economy during the COVID-19 pandemic.According to the Office for National Statistics (ONS) central government tax...
