HMRC resumes investigations after COVID-19

What to expect from tax probes in 2020/21 After temporarily pausing tax investigations as COVID-19 business support measures rolled out earlier this year, HMRC has restarted probes into businesses and individuals’ tax affairs. The Revenue has also started to direct its attention towards the misuse of coronavirus support schemes, such as the furlough scheme and[…]

Chancellor Extends Furlough Scheme Until October

Yesterday, the Chancellor announced that the government’s Coronavirus Job Retention Scheme will remain open until the end of October. He confirmed that: The Coronavirus Job Retention Scheme will continue until the end of October Furloughed workers across the UK will continue to receive 80% of their current salary, up to £2,500 New flexibility will be[…]