Given recent events, there has been a significant increase in people looking at making tax relief claims due to the additional costs incurred for working from home. Previously (prior to the current tax year), employers could pay their employees a home working allowance of £4/week tax free. If employers did not make such a payment, the taxpayer could make a tax relief claim fo ...

The Self-Employment Income Support Scheme Grant Extension provides financial support to the self-employed in the form of two grants, each available for three month periods covering 1 November 2020 to 31 January 2021 and 1 February 2021 to 30 April 2021. Who can claim To be eligible for the Grant Extension self-employed individuals (including members of partnerships), must: ...

HMRC have written letters to VAT-registered businesses in Great Britain trading with the EU and/or the rest of the world, highlighting actions they need to take to continue trading with the EU from 1 January 2021. The  letter explains what businesses need to do to prepare for new processes for moving goods between Great Britain and the EU from 1 January 2021, including: Mak ...