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Find out about changes to SEISS grant eligibility

Eligibility for the fourth and fifth SEISS grants will be assessed using additional evidence not used for the previous grants. Join the Tax Faculty’s Caroline Miskin for a free webinar to find out more. There will be winners and losers as the eligibility tests for the fourth and fifth self-employment income support scheme (SEISS) grants will now consider four years of tax return data. Furthermore, only those who had filed their 2019/20 self assessment return by 2 March 2021 will qualify for these grants. It is expected that HMRC will contact those eligible for the fourth SEISS grant in mid-April. The latest SEISS update webinar from the Tax Faculty on 13 April is timed to coincide with this and is free to register.

Budget documents confirm new penalty and interest regime

Budget documents confirm new penalty and interest regime
icaew.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from icaew.com Daily Mail and Mail on Sunday newspapers.

Rethink quarterly reports under MTD for CT, urges ICAEW

Requiring companies to report quarterly as part of Making Tax Digital for corporation tax offers little benefit to HMRC and will impose a significant burden on businesses, ICAEW’s Tax Faculty has warned.

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