Category: UK Government

Around 5.4 million self assessment tax returns are still outstanding, and have less than a month to submit. HMRC expects 12.1 million tax returns to be filed for the 2019/20 financial year, with 6.2 million (55%) already being returned –...

HMRC has written to around 24,000 self employed individuals who have claimed the SEISS but also ended their Self Employment. If you are one of the individuals who ended Self Employment and claimed a SEISS grant, you will be required...

On 5 November 2020, the chancellor announced a further change to the third SEISS (Self-Employment Income Support Scheme) which covers the the Autumn/Winter 2020 period. (updated 25 Nov) HMRC expects you to make an honest assessment about whether you reasonably...

The chancellor today (22 October 2020) has announced a change to the third SEISS (Self-Employment Income Support Scheme) which was due for the Autumn/Winter 2020 period. The Self-Employment Income Support Scheme Grant Extension will be paid in two grants, available...

On 24 September 2020, the Chancellor Rishi Sunak confirmed that there would be an extension to the Self Employed Income Support Scheme (SEISS) with two further extensions. Details of the third extension have been announced, however the full details of...

The Self Employment Income Support Scheme (SEISS) has been extended for a second (and final) period. The scheme has been extended until 19 October 2020, and the second and final grant can be claimed from 17 August 2020 through the...

This evening (Friday 29 May 2020), the chancellor confirmed that the SEISS (Self Employment Income Support Scheme) would be extended to cover the period of 1 June 2020 – 31 August 2020. The original scheme which launched earlier this month,...

The Self Employed Income Support Scheme (SEISS) has opened this morning on schedule. The scheme is designed to match the support being given to furloughed employees. Grants are paid to self employed individuals based on the average monthly profit over...

Today (April 27), the chancellor Rishi Sunak announced another support option for businesses impacted by Covid-19, known as the ‘bounce back loan’. The loans will be 100% underwritten by the Government, and are available for amounts under £50,000. The maximum...