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.
Furlough scheme starts to wind down
The government's Coronavirus Job Retention Scheme (CJRS) begins winding down from 1 July.
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Apprenticeship cash boost
The government has confirmed that employers of all sizes in England can now apply for £3,000 in extra funding to help them take on new apprentices.
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Property tax changes
From 1 July 2021 there are changes to the Stamp Duty Land Tax (SDLT) and Land Transaction Tax (LTT) bands for residential property.
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HMRC launches 13,000 investigations into COVID-19 support schemes
HMRC has launched nearly 13,000 investigations into alleged abuse of the government's coronavirus (COVID-19) financial support schemes.
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Schemes create one stop shop for VAT on EU trade
Three schemes were launched on 1 July to deal with VAT on business-to-consumer supplies of goods and services to EU customers.
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Over 280,000 families now using Tax-Free Childcare
More than 282,000 working families used a Tax-Free Childcare (TFC) account during March 2021, according to figures from HMRC.
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440,000 tax credit claimants still to renew their claims
HMRC is reminding tax credit claimants that they have until 31 July 2021 to renew their claims.
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800,000 claim tax relief for working from home
HMRC has confirmed that almost 800,000 employees who have been working from home during the pandemic have already claimed tax relief on household related costs.
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