News

Guidance announced for 3-year carry back of losses
In the Spring Budget, Chancellor, Rishi Sunak announced a temporary 3-year carry back of trading losses for limited companies and unincorporated traders. HMRC has now issued guidance about this which you can find in our latest story.

COVID-19 Update #144: Penalties for overclaimed coronavirus support grants
If you’ve received payment or overpayment for a coronavirus support grant you weren’t entitled to, it’s important to alert HMRC as soon as possible. Failure to do so can lead to a penalty being issued. Find out more in our latest story.

HMRC SEISS phishing scam warning
HMRC has issued a warning after the Revenue has become aware of a phishing scam related to the fourth Self-Employment Income Support Scheme (SEISS) grant. Thousands of people have received the email below telling them that they can make a claim for the latest...

COVID-19 Update #143: Guidance issued for final SEISS grants
Earlier this year, it was announced that self-employed workers will be able to claim two more grants under the Self-Employment Income Support Scheme (SEISS). Head to our story for all the latest guidance, including when applications open.

COVID-19 Update #142: Recovery loan scheme to replace previous COVID-19 loans
As applications for the business interruption and bounce-back loan are now closed, businesses can apply for a recovery loan, up to £10m. Find out more in our latest story.