HM Revenue & Customs (HMRC) has published guidance on temporary cuts to the rate of VAT from 20 per cent to five per cent from Wednesday 15 July 2020 to 12 January 2021 for certain goods and services in the … Continue reading
Details of ‘Eat Out to Help Out’ scheme confirmed
The Government has now confirmed details of the ‘Eat Out to Help Out’ scheme, announced by the Chancellor at his Summer Economic Update on Wednesday 8 July. The scheme covers the cost to restaurants, cafes and pubs that sell food … Continue reading
Summer Economic Update
Don’t forget to make an SEISS claim by 13 July!
Individuals eligible for the first Self-Employment Income Support (SEISS) grant must submit their claim by 13 July 2020. The first round of SEISS funding allows self-employed individuals, who have been adversely affected by COVID-19 on or before 13 July 2020, … Continue reading
HMRC offers clarity on usual hours calculation for flexible furlough
After some confusion regarding how flexible furlough should be calculated, HM Revenue & Customs (HMRC) has offered new guidance to help employers work out usual working hours. In its initial guidance, HMRC said that to work out how much support … Continue reading