Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.
HMRC outlines Job Retention Bonus criteria
HMRC has outlined the eligibility requirements for the Job Retention Bonus.
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Treasury sets out next steps for Making Tax Digital
On 21 July, the Treasury set out the next steps in its plan to extend Making Tax Digital (MTD) to all businesses and those taxpayers that file self assessment returns.
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Government announces review of business rates scheme
The government has published a call for evidence on the overhaul of the business rates system that applies in England.
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Eat Out to Help Out now up and running
On 1 August, the government's Eat Out to Help Out scheme began operating at eateries across the country.
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Scottish government cuts LBTT to help home buyers
On 15 July, the Scottish government reduced the rate of Land and Buildings Transaction Tax.
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Wales reduces LTT rate
On 27 July, the Welsh government reduced the rate of Land Transaction Tax.
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Chancellor asks OTS to review capital gains tax
Chancellor Rishi Sunak has asked the Office of Tax Simplification (OTS) to carry out a thorough review of capital gains tax.
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Overclaimed COVID grants
Taxpayers who have received CJRS or SEISS grants are urged to doublecheck their entitlement as the 90 day period to inform HMRC of any overclaimed amounts is now law.
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