Guidance on fifth SEISS grant turnover test from HMRC
The fifth SEISS grant is now available for the self-employed to claim before 30 September 2021. HMRC will contact those traders that may be eligible with their claim date.
Details of fifth Self Employed Income Support Grant
Like the CJRS scheme for employers, the Self Employed Income Support Scheme (SEISS) has been extended to September 2021 and details of claims for the fifth grant have now been released. This fifth grant covers May to September 2021 and will open for applications in late July.
Details of latest CJRS “Furlough” Grants
The fourth version of the CJRS “furlough” grant scheme starts on 1 May 2021 and will run until 30 September with employees affected continuing to be supported.
Possible changes to Capital Gains Tax
Budget 2021 could bring changes to some key taxes, as the Chancellor aims to recoup funds lost during the pandemic.
CJRS claim fraud triggers HMRC investigations
Notify HMRC of overclaimed CJRS “furlough” grants within 90 days to avoid risking an enquiry into your tax affairs in the wake of the COVID-19 pandemic.