News

Many employees have been asked to work from home in recent weeks. This seems to have resulted in some confusion about what expenses you can claim tax relief on. If you are claiming tax back from HMRC, make sure you get your claim right.

⚠️ Since the publication of this news article it has been confirmed that the closing date for making a claim for the first SEISS grant is 13 July. we now understand that the grant will be treated as taxable income in the year of receipt, so in the 2020/21 tax year.

From 1 May 2020, HMRC will start to charge you daily penalties of £10 if you have not yet submitted your 2018/19 Self Assessment tax return (assuming the return was not issued late). Unless HMRC agree to cancel the need for a tax return, you should send it in as soon as possible – online, rather than on paper.