From today, 17 August 2020, self-employed individuals are able to make a claim for the second grant under the Self-Employment Income Support Scheme (SEISS). In addition, certain individuals who did not originally qualify for the first grant because of pregnancy or becoming responsible for a new chil...
Tax credit awards last for a maximum of one tax year (6 April to following 5 April). When you claim, your award is based on your circumstances for the year you claim and your income for the previous tax year. This is your initial award and the payments are provisional. ...
The coronavirus situation may mean that you now face quarantine upon your return to the UK from time spent abroad. Here we look at some potential options for financial support if you cannot work as a consequence. ...
New rules mean that UK residents with capital gains tax to pay on the sale of UK residential property have to report and pay this to HMRC within 30 days. Penalties for late reports apply from 1 August 2020. Here, we answer some frequently asked questions. ...
In the current economic climate, more people may be thinking of starting their own business as a means of making some extra cash, either as a primary or secondary source of income. Below we set out our top 10 tips for keeping on top of the tax and National Insurance aspects ...
The tax credits renewals deadline is 31 July 2020 and if you need to contact HMRC either to complete your renewal or to notify them about any changes or corrections, about your income or circumstances, you must do so by close of play 31 July. ...