Last chance for the Self Employed Income Support Scheme (SEISS)

Self-employed businesses who have not made a claim under the SEISS for March to May can still make a claim but the deadline is Monday 13th July. In order to qualify for a grant under the SEISS: You have been trading in 2018/19 and have submitted your tax return by 23...

Income Tax Deferral

If you are due to make a payment on account of Income Tax on 31st July 2020 then you have the option to defer the payment until 31st January 2021. You can defer the payment due on 31st July if you complete a tax return and you are struggling to make the payment due to...

New Furlough Scheme & SEISS Update

Following the Chancellor’s announcement that the Furlough Scheme and Self Employed Income Support Scheme (SEISS) are to be extended, the Government has now released further details of how these schemes will work. New Furlough Scheme The new scheme commences on 1st...

Furlough Deadline – Action Needed Now

Action is required today and tomorrow to comply with changes to the furlough scheme if you have not already acted. As previously communicated, the furlough scheme will be closed to new entrants on 30th June. Therefore, in order to be eligible and have a minimum of...

Changes to Furlough Scheme & SEISS – Action Required

The Chancellor today announced the changes to the Government’s furlough scheme. All furloughed employees will continue to receive a minimum of 80% pay (up to a max of £2500). The changes are staged for August, September and October as follows: Month Government...