HMRC has confirmed the same eligibility criteria will be used to establish self-employed individuals’ entitlement to a furtherSEISS grant; the grant will be 70 rather than 80% of average earnings for three months and the maximum amount will be capped at £6,570, down from the £7,500 for the first grant. Applications will open in August and HMRC expects to publish further guidance on 12 June.
HMRC’s ‘Tax avoidance - don’t get caught out’ campaign helps contractors to spot the signs of tax avoidance, understand the financial risks and check their pay arrangements to prevent an unexpected ta
A clarification and reminder following the Spring Statement Voluntary class 2 national insurance contributions are unaffected by the Spring Statement changes, but don’t forget that class 4 losses migh
As the existing research and development tax relief regime faces criticism that it is not working as well as it should in increasing investment, speculation rises that an overhaul is imminent. Watch t