The government have confirmed 17 August 2020 as the date from which claims can be made under the second (and the intended final) round of the Self Employment Income Support Scheme (SEISS).

As part of their strategy to modernise the way tax is reported, HMRC have this week unveiled their plans for the next phases of Making Tax Digital (MTD).

From today (15 July) the VAT rate applicable to certain supplies within the hospitality industry reduces from 20% to 5%.

Registration is now open for eligible businesses in the hospitality sector to join the ‘Eat Out to Help Out’ scheme.

This afternoon (8 July) saw the Chancellor deliver his Summer Statement which, as anticipated, included a number of measures designed to both supplement existing Coronavirus support mechanisms and bolster the economy as we seek to emerge from the previous few months.

The government have announced that the deadline for the first round of Self Employment Income Support Scheme (SEISS) claims is 13 July 2020.

From 1 July the first of a number of proposed changes to the Job Retention Scheme commences, being the introduction of ‘flexible furlough’.

Following the announcement in the early phases of the Coronavirus business support response that VAT payments due between 20 March 2020 and 30 June 2020 could be deferred, the government has confirmed this measure is to cease with no further extension.