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Image of a pair of hands surrounding wooden models of people illustrating job retention
Published on 11 May 2020
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This article updates our previously published article on how to claim a Job Retention Scheme grant, based on new information provided by HMRC and our own experiences of testing the calculator and the system.

Illustration of jigsaw pieces displaying the words financial aid and grants
Published on 7 May 2020
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⚠️ 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.

Published on 4 May 2020
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As the coronavirus (COVID-19) pandemic continues and many are forced to turn to the welfare benefit system, the Low Incomes Tax Reform Group (LITRG) highlights to new universal credit claimants that they may have a window of opportunity to open a four-year Help to Save account – which pays a tax-free bonus of up to 50p per £1 saved.

Image of a megaphone and the words penalty charge notice
Published on 4 May 2020
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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.

The word furlough stamped on a piece of paper
Published on 27 April 2020
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If you are claiming universal credit (UC) and are furloughed, your UC award may not be the amount you expect. It is important to be aware of this so you can plan for any changes to your finances.

self employed calculator finances
Published on 24 April 2020
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The Scottish Government has announced financial support for the newly self-employed. This will take the form of grants to be paid in early May. 

The word furlough stamped on a piece of paper
Published on 23 April 2020
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⚠️ HMRC has provided LITRG with the following update

Image of webinar button on a keyboard with a microphone and headphones
Published on 22 April 2020
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Watch an HMRC webinar to learn more about the support available to you and your staff with the coronavirus. 

Illustration of man standing on a computer filling in an online form
Published on 22 April 2020
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The online claim service is open. If you are an employer with furloughed staff (including if you are the director of your own limited company), here we tell you how to access the system and what you will need to do to make your claim. 

Temporary written on a jigsaw piece to represent temporary workers and job retention scheme (c) Shutterstock / JeJai Images
Published on 17 April 2020
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We have received many questions over the last few weeks as to how the Job Retention Scheme applies if you work through an agency, an umbrella company or your own limited company, inside and outside the public sector.

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