HMRC has granted taxpayers extra time to appeal its decisions or penalties where the usual 30-day deadline cannot be met due to the coronavirus pandemic. The decision means that taxpayers…
Business groups are asking for more guidance and continued financial support after Prime Minister Boris Johnson began easing the coronavirus lockdown. The Prime Minister encouraged those who cannot work from…
HMRC has updated the process for acquiring a Government Gateway ID for its Self-employment Income Support Scheme (SEISS). The Revenue stated that it has changed the process by which it…
Trade body UK Finance has warned small businesses to consider their ability to repay a Bounce Back loan before taking one out. The warning followed the publication of Treasury figures…
The government should compel online marketplaces to collect and remit VAT, according to the Association of Accounting Technicians (AAT). The AAT was responding to the 'Claims and Elections Review' call…
HMRC has started to contact individuals who may be eligible for its coronavirus (COVID-19) Self-employment Income Support Scheme (SEISS). Individuals who are eligible will be able to claim a taxable…