Business and Tax News - Jun 2020

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June 25th 2022
Tax Week 12
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BUSINESS AND TAX NEWS - JUN 2020

Autumn Budget : Summer Stimulus Followed By Increased Taxes and Spending Cuts

UK BUDGET

Autumn Budget : Summer Stimulus Followed By Increased Taxes and Spending Cuts

Economic stimulus packages set to result in increased taxes and spending cuts in this Autumn's Budget.
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Self-Employed Income Support Average Claim Amount £2,900

SELF EMPLOYED

Self-Employed Income Support Average Claim Amount £2,900

HM Treasury statistics for the first stage of the SEISS self-employed income support scheme show 30 percent of eligible claimants have not claimed.
Powers Issued To HMRC To Recover Pandemic Grants

FRAUD

Powers Issued To HMRC To Recover Pandemic Grants

HMRC consults on powers to recover pandemic support payments such as the furlough scheme (CJRS) and self employed income support (SEISS) and other business grants.
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