News
Tax and finance updates
Every day brings news of changes to tax law or government policy, or the emergence of facts and figures with implications for British businesses and individuals. Our daily news feed helps our clients keep their fingers on the pulse of what’s going on, with comment and insight from industry figures, government officials and trade bodies.
FCA confirms support on mortgage deferrals
The new guidance comes into effect from today.HMRC targets employers over furlough claims
The scheme is set to end on 31 October.Treasury Committee urges furlough scheme rethink
The coronavirus job retention scheme is due to end in October.Audit reforms ‘need urgent resolution’
Group calls on the Government to deliver change.Grants for English firms closed by local lockdowns
Larger businesses will receive £1,500 every three weeks.HMRC reveals up to £3.5bn furlough claims paid in error
Around £1.75 billion and £3.5 billion could have been wrongly paid out.HMRC announces changes to VAT on early contract terminations
Most early cancellation fees are liable for VAT.House purchases plummet in Q2 2020
Fewer than a million customers now on a payment deferral.Low deposit mortgage deals fall amid pandemic
In September mortgage deals fell 26.7%.HMRC updates SEISS repayment guidelines
Notification period ends on 20 October 2020.
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