Government Extends Business Support Measures

Chancellor Rishi Sunak has announced further measures to the Government’s financial support schemes, continuing the Government’s commitment to “plan to help the UK economy to recover and protect livelihoods across the country.” Extended support systems include extensions to the following schemes: Furlough Scheme The Government has lengthened the furlough scheme to be in place until…

Third Self-Employment Income Support Scheme grant — HM Revenue & Customs outline tougher criteria 

HM Revenue & Customs (‘HMRC’) are preparing self-employed individuals for an available third Self-Employment Income Support Scheme (‘SEISS’) grant.   HMRC have recently published additional claim guidance, inclusive of the newly implemented criteria. Claimants must meet HMRC’s stringent application specifications, including the ability to outline the negative impact the COVID-19 pandemic has had on their business…