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Further changes in Covid19 support of businesses

further changes to support for businesses

The Government has extended Furlough to March and increases the self-employed support scheme. As the lockdown has now started for England and continues elsewhere, the Government has changed its mind again about business supports and decided to extend the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme (SEISS) across all regions of … Read more

Tax implications of Covid-19 support payments

Covid-19 support payments

Various Covid-19 support payments are available to individuals and businesses to help mitigate the effects of the Covid-19 pandemic. Are the payments taxable and how should they be treated? Payments under the Coronavirus Job Retention Scheme? Grants payments made under the Coronavirus Job Retention Scheme (CJRS) for fully furloughed and flexibly furloughed employees are included … Read more