Stockport accountants Hallidays share details of the final SEISS grant and proposed tax changes for the self-employed in their summary of the month’s key financial news.
Consultation launched on self-employed basis period reform
HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.
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The government has published draft Finance Bill clauses
The Government has published draft clauses for the next Finance Bill, which broadly cover pre-announced policy changes.
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Claiming the fifth self-employed Income Support Scheme (SEISS) grant
HMRC has issued guidance on claiming the fifth and final self-employed Income Support Scheme (SEISS) grant.
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ICAEW urges HMRC to scrap exemptions to simplify VAT rules
The ICAEW has urged HMRC to abolish all VAT exemptions and remove all VAT options relating to land and property.
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HMRC updates Salary Sacrifice guidance
HMRC has updated the guidance on salary sacrifice.
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Data reveals 1.9 million workers remain on furlough
The Coronavirus Job Retention Scheme (CJRS) is being wound down on 30 September 2021.
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Pension scams average losses now over £50,000
According to the latest figures from Action Fraud the average loss from pension scams has reached £50,949 this year.
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Increase in public trust in charities
Public trust in charities has reached its highest level since 2014, according to research published by the Charity Commission.
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