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Claim tax relief while working from home
You may be able to claim tax relief for additional household costs if you have to work at home on a regular basis, either for all or part of the week. This includes if you have to work from home because of coronavirus (COVID-19). You cannot claim tax relief if you...
Claiming Research and Development tax reliefs
Research and development (R&D) tax credits are a government incentive designed to reward UK companies for investing in innovation. For companies the benefit is achieved through a reduction in their tax liability, as an incentive for businesses to invest in...
New scheme to give people in problem debt breathing space launched
Hundreds of thousands of people struggling with debt problems will be supported through a new debt respite scheme that launched today (4 May 2021). around 700,000 people struggling with problem debt to benefit from Breathing Space this year scheme will give those...
Claim a grant through the Self-Employment Income Support Scheme
Find out how to claim the grant if you're self-employed or a member of a partnership and have been impacted by Coronavirus (COVID-19). The online service to claim the fourth grant will be available from late April 2021. If you’re eligible based on your tax returns,...
Pay VAT deferred due to coronavirus (COVID-19)
Find out how to pay VAT payments deferred between 20 March and 30 June 2020. You can pay now or join the VAT deferral new payment scheme. If you deferred VAT payments due between 20 March 2020 and 30 June 2020 you can: pay the deferred VAT in full now join the VAT...
April 2021 changes to off-payroll working for clients
Understand and prepare for changes to the off-payroll working rules (IR35) if you are a client receiving services from a worker through their intermediary. Overview Off-payroll working rules change on 6 April 2021 and are applied differently. From this date, all...
Recovery Loan Scheme launched
A new government-backed loan scheme launches today (6 April) to provide additional finance to those businesses that need it. the new loan scheme will provide further support to protect businesses and jobs loans will include 80% government guarantee and interest rate...
£20 million SME Brexit Support Fund opens for applications
The fund will help smaller businesses with changes to trade rules with the EU. Smaller businesses can today (15 March 2021) apply for grants of up to £2,000 to help them adapt to new customs and tax rules when trading with the EU. The £20 million SME Brexit Support...
Finance Bill 2021 Published
The Finance Bill puts into law measures announced at Budget to help ensure millions of jobs and livelihoods continue to be protected as part of the government’s Plan for Jobs. the Finance Bill 2021 is published today, 11 March, legislating for tax changes announced at...
Self-Employment Income Support Scheme fourth grant
The UK government recognises the continued impact that coronavirus (COVID-19) has had on the self-employed and announced in November that there would be a fourth grant. At the Budget it was confirmed that the fourth SEISS grant will be set at 80% of 3 months’ average...