On the 25th March 2020, Chancellor Rishi Sunak announced the Self-Employment Income Support Scheme (SEISS). This allowed HMRC to calculate and provide an appropriate taxable grant to self-employed individuals ‘whose livelihoods are adversely affected by coronavirus’, based on their average income.
The Hong Kong Monetary Authority (HKMA) today published the position of the Exchange Fund (Note 1) at end-June 2014.
Two new Statements of Recommended Practice (SORP) have been published by the joint SORP making body, the Charity Commission and the Office of the Scottish Charity Regulator (OSCR).
Healthy growth in services brings new momentum to economic restructuring, reports the China Daily. The latest economic data published by the National Bureau of Statistics on July 16 suggest China is moving to a more service-based economy that is less reliant on exporting cheap manufactured goods.
HMRC’s Business Record Checks programme is running at its highest level since it began in 2011, with the number of checks increasing by 60% from 3,431 (2011/12) to 5,515 (2013/14), according to PfP, the experts in tax investigation insurance.
The Guidelines on Revenue’s Service to Practitioners and Business Taxpayers have been updated.