We have received the following message from HMRC, which we would like to share with you. LITRG provided input during the development of these YouTube videos. ...
The loan charge originally required taxpayers, who choose to do so, to make a spreading election by 30 September 2020. HMRC has now announced that it will automatically allow any late spreading elections received on or before 31 December 2020. Now is the time to check if you will benefit from a spre...
The claim process for the third Self-Employment Income Support Scheme grant (SEISS 3) is currently open until 29 January 2021. Although some of the eligibility conditions are the same as for the first two SEISS grants (SEISS 1 and 2), there are some extra conditions to consider for SEISS 3 which may...
The Scottish Government has confirmed that Social Security Scotland will make the next payment of carer’s allowance supplement on 18 December 2020. Eligible unpaid carers will receive £230.10, which is the payment rate during 2020/21. ...
Due to the coronavirus pandemic, some people are unable to get a National Insurance number. LITRG has published some guidance on what to do in this situation if you are starting work, self-employment or claiming benefits. ...
HMRC have recently expanded an online service which now allows more people to spread payment of their January 2021 tax bill over 12 months. If you have time over the next few weeks, it is a good idea to complete your 2019/20 tax return so it can be submitted well before the online filing deadline of...