NEWS

Schedule 4 to the Coronavirus (Scotland) (No. 2) Bill other measures in response to coronavirus has been amended during its passage through the Scottish parliament to prevent coronavirus support grants being paid to companies based in...

The government has put forward three changes to the loan charge provisions in the Finance Bill, to be taken during the Public Bill Committee proceedings. Clause 15 of the Bill enables the charge to be split over three tax years (2018/19 to 2020/21)...

Chancellor Sunak has published a second Treasury direction for the operation of the coronavirus job retention scheme (CJRS). The direction, dated 20 May (but published on 22 May), modifies the CJRS to reflect the extension of the scheme and to...

HMRC has updated its guidance How to treat certain expenses and benefits provided to employees during coronavirus (Covid-19) to add a new section on employee car ownership schemes (ECOS). Where, because of coronavirus, an employee has not been able...

HMRC has published revised advisory fuel rates for company cars. The new rates apply from 1 June 2020 (although, until 30 June, employers can use the rates from the previous three-month period, if they choose to do so). The rates are to be used only...

HMRC has published new guidance for individuals who decide to give up part of their income in order to support their business or employer, or who simply want to donate to charity during the coronavirus pandemic.The guidance notes that some methods of...

Where employees buy their own home office equipment and are reimbursed by their employer, the payments are generally subject to income tax. Although an exemption under ITEPA 2003 s 316 applies where an employer provides home office equipment directly...

Entitlement to working tax credit is subject the recipients income and to the individual being engaged in qualifying remunerative work. The UK governments intention was that, for the period covered by the coronavirus job retention...

The Universal Credit (Coronavirus) (Self-employed Claimants and Reclaims) (Amendment) Regulations, SI 2020/522, ensure that payments from the SEISS are taken into account as earnings for the purpose of universal credit (UC) preventing...

Following the Upper Tribunal decision in the joined cases of HMRC v Rank Group and Done Brothers [2020] UKUT 117 (TCC), HMRC has published guidance on outstanding appeals where the parties claim that HMRC treating their gaming machine income as...