September 2020 News

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.

Kickstart Scheme opens for applications
On 2 September 2020, the government’s £2 billion Kickstart Scheme opened for employer applications.
Click here for the full story

Self Employment Income Support Scheme Grants
HMRC are inviting those individuals that are self employed or a member of a partnership and have been adversely affected by coronavirus to claim a second grant under the Self Employed Income Support Grant.
Click here for the full story

Plastic bag tax charge to be doubled and extended to all retailers
The fee for plastic shopping bags in England will be doubled to 10 pence and extended to all shops from April 2021.
Click here for the full story

More than £30 million lost to pension scams
Over £30 million has been lost to pension scams since 2017, according to the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR).
Click here for the full story

Advisory fuel rates for company cars
New company car advisory fuel rates have been published which take effect from 1 September 2020.
Click here for the full story

Eat Out to Help Out – over 64 million meals
The government has announced that more than 64 million meals were enjoyed by diners across the country during the government’s Eat Out to Help Out discount scheme.
Click here for the full story

Self assessment deadlines
Two self assessment deadlines are approaching.
Click here for the full story

HMRC latest guidance for employers
HMRC has published the latest edition of the Employer Bulletin.
Click here for the full story

Related news

Super Deduction and Capital Allowances

For expenditure incurred from 1 April 2021 until 31 March 2023, companies can claim 130% capital allowances on qualifying plant and machinery purchases Under the …

Read story

EMI Options

OVERVIEW Enterprise Management Incentives (“EMI”) are a popular way for small and medium sized businesses to offer share options to their employees in a tax …

Read story