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  • stephaniegreen0

Covid 19

From 1 August the government contribution will fall to 60%, meaning the employer will need to pay 20% to ensure the employee receives their entitlement of 80% (subject to a £2,500 per month). This will remain in place until the end of September when the scheme is set to close.

HMRC published new guidance for those who have received SEISS grant payments last month. The guidance covers situations where the SEISS income may not have been correctly reported on the self-assessment return. The income needs to be reported in specific boxes on the return, and HMRC are automatically correcting returns where the amounts in these boxes do not match the taxpayers' SEISS record. This can lead to the grant income being double counted, e.g. if it has been included as "other" income etc.

19 July saw the lifting of most COVID-19 restrictions in England, though Scotland and Wales have kept stricter measures for the time being.

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