Latest news on the UK tax system, brought to you by the ICAEW Tax Faculty.
Updated 20 November: Organisations wanting to provide some festive cheer for their staff this winter face some difficult challenges. ICAEW’s Tax Faculty outlines the tax considerations that employers will need to think about.
21 October 2020: UK digital services tax will continue for longer than originally anticipated after OECD decision to extend discussions until mid-2021 ICAEW’s Tax Faculty reports.
20 October 2020: HMRC has started writing to Self-employment Income Support Scheme (SEISS) grant claimants that may have ceased trading and therefore do not qualify.
15 October: Guidance from ICAEW’s Tax Faculty on the quick action needed to reconcile Employment Allowance (EA) and the NIC element of the Coronavirus Job Retention Scheme (CJRS).