Articles by 

Duncan Woodcock

Tax Returns - What do I need to know?

Far less exciting than the festive season, we know, but tax season is upon us again. With the self-assessment filing deadlines fast-approaching, what do you actually need to know?

Covid-19 – Key Information

Following the Government’s latest announcements on the 24 September 2020, we have set out below a summary of key information to assist you if you are seeking tax and/or self-employment support during the ongoing pandemic.

Covid-19 – Self-Employment Income Support Scheme

Eligible workers will receive 80% of the average of their self-employed earnings for the 2017, 2018 and 2019 tax years taken on a monthly basis or £2,500 per month; whichever is lower.

Extension of SEISS Grants for the Self-Employed

The recent budget contained confirmation that further grants should be available under the Self-Employed Income Support Scheme (SEISS).

Covid-19 – Extension to Self-Employment Income Support Scheme

An extension to the existing Self-Employment Income Support Scheme was announced on 29 May 2020. The extension will allow eligible workers to make another claim for a second grant IN AUGUST 2020.

Covid-19 – Individuals and Business Support Announcement

Given that the following points were announced late this afternoon, advice regarding the details of these points will need to be examined further over the coming days.