Reclaim higher rate Stamp Duty Land Tax (SDLT)
Planning to reclaim higher rate SDLT paid on your new home because you sold your old one within three years, but Covid-19 delayed your sale? Government announcement could help.
New Dairy Response Fund Announced
Dairy Response Fund, administered by the Rural Payments Agency will cover up to 70% of losses during April and May due to falling milk prices and could be worth up to £10,000 for eligible dairy farmers.
Taxation of Coronavirus Support Payments
Government launches consultation on proposed tax treatment of Coronavirus support grant payments. Responses required by 12 June.
Derby City Council Discretionary Grant Fund – apply now
Check your Local Authority website for details of their application process for the Local Authority Discretionary Grant Fund. Derby City Council’s fund is open for applications now.
Employers to share costs of Coronavirus Job Retention Scheme and SEISS extended
Changes to Coronavirus Job Retention Scheme. Flexible Furlough scheme introduced from 1 July, employers to gradually increase their contribution to wage costs beginning with NI and employer pension contribution costs and rising to 20% by October when the scheme will end. Self Employment Income Support Scheme extended, now ending in August, with a single payment of up to £6,570 to cover June, July and August.
Parity for the self-employed
Calls for parity for the self-employed with those furloughed. SEISS v CJRS