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Self Employed Income Support Scheme (SEISS)
HMRC have issued guidance on the way in which claims can be made for the grant available under the SEISS.
April Xero Apps Update
Debbie’s Xero apps update for April includes the benefits of Debtor Daddy, Futrli, Lightyear and Accelo.
Job Retention Scheme Update and more
The headline change has been to amend the date on which an employer is required to have had a payroll scheme in operation.
The High Income Child Benefit Charge
The High Income Child Benefit Charge (HICBC) first came into effect in January 2013. It is a tax charge that applies to anyone with an income over £50,000 if they or their partner claims Child Benefit.
How/When can the different types of support be accessed?
Help with taxes – This is the deferment of taxes (income tax, corporation tax, Vat and PAYE/NICs) under the “time to pay” arrangements. The service can be accessed on the number below, but be prepared to wait for some time to get through.
IR35 reforms deferred
Among a number of initiatives aimed at supporting the economy in these troubled times, the Chief Treasury Secretary Steve Barclay yesterday announced that the IR35 reforms, which were due to come into force from April 2020, have been pushed back until April 2021.
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