To help people that are eligible for the Self-Employed Income Support Scheme (SEISS) the Government has updated its guidance to confirm essential points. Tax The grant will be subject to Income Tax and National Insurance contributions but does not need to be repaid. Universal Credit Many people awaiting payment from the SEISS grant may have…
Continue readingCOVID-19 Updates
Statutory Residence Test changed to allow skilled workers from around the world to assist the UK’s Coronavirus response
The Chancellor, Rishi Sunak, has written to the Treasury Select Committee, to inform it that the Statutory Residence Test (SRT) is being relaxed temporarily so ‘highly skilled’ individuals from around the world can join the UK’s Coronavirus response without jeopardising their tax status. The measures apply to workers such as anaesthetists and engineers working on…
Continue readingCoronavirus Job Retention Scheme online portal launches
The Coronavirus Job Retention Scheme (CJRS) online application portal went live at 8am on Monday 20 April 2020. The CJRS allows employers to retain employees on the PAYE Payroll who are not carrying out work for them by placing them on furlough for a period of between three weeks and four months, unless the scheme…
Continue readingCOVID-19 – HMRC relax inheritance tax process
HM Revenue & Customs (HMRC) has announced changes to the inheritance tax (IHT) process to ensure minimal disruption because of the coronavirus pandemic.
Continue readingCoronavirus Job Retention Scheme (CJRS) cut-off date extended to 19 March 2020
The Government has announced that the cut-off date for the Coronavirus Job Retention Scheme (CJRS) has been extended from 28 February 2020 to 19 March 2020, potentially enabling employers to furlough employees taken on during that period. The CJRS allows employers to retain employees on the PAYE Payroll who are not carrying out work for…
Continue readingEaster Weekend updates to the Coronavirus Job Retention Scheme
Over the Easter Weekend, the Government published a further update to its guidance on the operation of the Coronavirus Job Retention Scheme (CJRS). The CJRS allows employers to retain employees on the PAYE Payroll who are not carrying out work for them by placing them on furlough and to claim a grant of 80 per…
Continue reading
Our BLOG
Budget 2021: what you need to know about the Recovery Loan Scheme
Latest TWEETS
#Budget removed uncertainty for house buyers, says the #Halifax bbc.in/3uZwv5k #Cardiff
SUBSCRIBE to our list
If you would like to see full details of our data practices please visit our Privacy Policy and if you have any questions please email tellmemore@clayshawthomas.com.