March 24, 2020

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national living wage increase
Coronavirus Updates

Overview of the financial support announced for SME’s

Following on from the raft of announcements over the past few weeks, we appreciate that many individuals are struggling to keep up with all of the new updates. In this article we will provide a brief outline of the relevant announcements made for small and medium enterprises. Business Interruption Scheme Provides loans through the British

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mixed funds
Other

Statutory Self-Employment Pay

In a draft bill announced by the House of Commons public bill committee, self-employed individuals could about to be provided with a much needed lifeline. After all of the announcements in the past few weeks regarding businesses & employed individuals, many self-employed individuals have been left uncertain of their position. The bill, subject to approval,

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HMRC

Update on the SRT position

In a recent article we discussed how COVID-19 could potentially have an impact on the UK tax position of expats and non-UK residents who could not leave the UK. These individuals risked exceeding the allotted amount of days to remain non-resident for tax purposes due to cancelled flight and self-isolation measures. With this considered, HMRC have

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