Shaun Davison

With the summer holidays approaching, HM Revenue & Customs (HMRC) are reminding working families that Tax-Free Childcare top-ups can be used to help pay for childcare costs, such as accredited holiday clubs, childminders, or sport activities.

Following the closure of the fourth Self-Employment Income Support Scheme (SEISS) grant on 31 May 2021, the government have announced further details of the fifth, and most likely final, SEISS grant.

HM Revenue & Customs (HMRC) have opened their online service, allowing eligible self-employed traders to apply for a fourth grant under the Self-Employment Income Support Scheme (SEISS).

HM Revenue & Customs (HMRC) are reminding Self-Assessment taxpayers that they have until 1 April 2021 to pay any outstanding tax liabilities in full for the 2019/20 tax year, or set up an online payment plan, to avoid a 5% late payment penalty charge.

Self-Employment Income Support Scheme – further grants confirmed

On 3 March, the Chancellor of the Exchequer, Rishi Sunak, announced in the Budget additional measures over this year, and next, to support the economy in response to coronavirus.

HM Revenue and Customs (HMRC) have announced that Self-Assessment taxpayers will not be charged the 5% late payment penalty if they pay their tax or set up a payment plan by 1 April 2021.

HM Revenue & Customs (HMRC) revealed that more than 10.7 million people submitted their 2019/20 Self-Assessment tax returns by the 31 January 2021 filing deadline.

Thousands of Self-Assessment taxpayers are to benefit from HM Revenue & Customs (HMRC) announcement to postpone tax return late filing penalties until 28 February 2021.

The company car is a valuable negotiating tool offered by employers, looking to promote or reward key employees within the business, however, the popularity of uptake has reduced in recent years - mainly due to increases in the company car tax rates, with employers looking to offer cash allowances as an alternative.

Thousands of NHS healthcare professionals, including consultants, general practitioners and dentists, have started to receive copies of their Annual Allowance Pension Savings Statements (AAPSS) from the NHS Business Services Authority (NHSBSA).

In lieu of the autumn budget, the government have confirmed the £1 million Annual Investment Allowance (AIA) will be extended until 1 January 2022.

When announcing the ‘Winter Economy Plan’ in September 2020, the government confirmed that the Self Employment Income Support Scheme (SEISS) will continue until April 2021.

Following the Prime Minister, Boris Johnson’s, statement on Saturday (31 October) it was announced that England is to enter a further National Lockdown from 5 November 2020, ending on 2 December 2020 at the earliest.

HM Revenue & Customs (HMRC) have confirmed that tax relief can be claimed for homeworking expenses incurred by employees for the whole of the 2020/21 tax year, regardless of the period they were required to work from home.

Following HM Revenue & Customs (HMRC) victory in the Court of Appeal over drinks giants Coca Cola, the classification of van for tax purposes is thrown into yet more turmoil.

Following the Chancellor’s, Rishi Sunak, Winter Economy Plan announcement, HM Revenue & Customs (HMRC) have unveiled their online payment support service, with the aim to help up to 11 million Self-Assessment taxpayers spread the cost of their tax payments.

The Chancellor, Rishi Sunak, has unveiled his emergency COVID rescue plan to protect jobs and the UK economy.

Applications for the second instalment of grants under the Self-Employed Income Support Scheme (SEISS) have opened today.

The Chancellor of the Exchequer, Rishi Sunak, announced a string of measures in the recent summer statement, including a temporary change to Stamp Duty Land Tax (SDLT) with the aim to stimulate the property market during the coronavirus pandemic.

Whilst delivering the summer statement in Parliament on 8 July 2020, the Chancellor of the Exchequer, Rishi Sunak, presented his ‘Plan for Jobs’ worth up to £30 billion to help Britain bounce back from the Coronavirus outbreak.

The Chancellor, Rishi Sunak, has unveiled a set of financial measures to support businesses through this period of disruption caused by COVID-19, which includes the latest rescue packages for employed and self-employed workers.

The Coronavirus Statutory Sick Pay Rebate Scheme was announced by the government in the Budget as part of the package of support measures for businesses affected by the COVID-19 outbreak.

Applications for the Covid-19 self-employed support scheme have opened a month early, so now is the time to act.

Following the COVID-19 rescue package for businesses and workers through the Job Retention Scheme, the government has announced further measures to support the self-employed who have lost income due to COVID-19.

The new Coronavirus Job Retention Scheme claims portal is working well, but there are a few key things employers can do to make their experience of it run smoothly, says Shaun Davison of Lovewell Blake.

The Government have announced that a new online service will enable graduates to easily keep track of their student loan accounts, as part of improvements to the student loan repayment system.

A leading Norfolk tax expert is warning of new rules coming in next April, which could catch out buy-to-let landlords, second-home owners and people with furnished holiday lets.

UK taxpayers should be aware of new rules taking effect from April 2020, under which the Capital Gains Tax (CGT) on the disposal of residential property needs to be reported and paid to HM Revenue & Customs (HMRC) within a 30 day window.