Despite the crazy and uncertain times that we find ourselves living in, directors and employees can still celebrate Christmas in tax-free style – even it does have to be in the form of a ‘virtual’ office Christmas party. Although there is no specific allowance for a Christmas party, or any other employer-provided social function, HMRC […]

The Self Employment Income Support Scheme (SEISS) provided help the self-employed whose businesses were adversely affected by Coronavirus. The second payment under the scheme, which was payable from mid-August, was due to be the final payment under the scheme. However, as cases continue to rise and many businesses continue to be adversely affected by the

The Furlough Scheme came to an end on 31 October, but some business sectors remain subject to restrictions. In his Winter Economy Plan, the Chancellor, Rishi Sunak, announced a new Job Support Scheme, which will replace the Furlough Scheme. The scheme was subsequently expanded to provide a higher level of support to businesses that were