Problems with holiday lets

Problems with holiday lets

Landlords of furnished holiday accommodation qualify for tax breaks if their property is available for short term lettings for at least 210 days a year and is actually let for 105 days in the year. Longer lets out of season are permitted but these must not exceed 155...
Tax credit renewals

Tax credit renewals

All tax credit claimants should have received their renewal pack by 4 June 2021. If you have not received your renewal pack you should contact HMRC on 0345 300 3900. You can renew your claim online at www.gov.uk/renewing-your-tax-credits-claim. If you need any...
Heightened security around SEISS grants

Heightened security around SEISS grants

HMRC will be increasing the validation checks relating to the fourth round of Self Employment Income Support Scheme (SEISS) grants in an effort to combat fraudulent claims.

Two new SEISS grants

Two new SEISS grants

Two more grants under the self-employed income support scheme (SEISS) will soon be made available, capped at £7,500 each

Furlough scheme extended

Furlough scheme extended

The Chancellor has extended the furlough scheme until 30 September 2021, with no employer contributions required until 30 June 2021.

Stamp duty holiday extended

Stamp duty holiday extended

The Stamp duty land tax (SDLT) threshold was raised to £500,000 from 8 July 2020 to 31 March 2021 and will now remain at that level until 30 June 2021.