Day Accountants

Dear Duncan,

Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.

Chancellor announces changes to Job Retention Scheme
Chancellor Rishi Sunak has announced changes to the government''s Coronavirus Job Retention Scheme (JRS).
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COVID-19: delay to VAT reverse charge on construction services
On 5 June 2020, HMRC announced a five-month delay to the introduction of the domestic VAT reverse charge for construction services.
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Loan size increased to £200 million under large business interruption scheme
Several changes to the CLBILS scheme have taken effect from 26 May.
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Future Fund launches to give start-ups coronavirus support
On 20 May 2020, the government launched its Future Fund package, which aims to support start-up businesses not eligible for other COVID-19 rescue measures.
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Coronavirus Statutory Sick Pay Rebate Scheme goes live
On 26 May 2020, HMRC opened up its Statutory Sick Pay (SSP) rebate claim service.
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Changes to insolvency and company law going through Parliament
The government is making changes to insolvency and company law as a result of the COVID-19 pandemic.
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UK sets out post-Brexit tariff regime
The UK government published its plans for a new import tariff regime following the end of the Brexit transition period.
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MPs open inquiry into £155 billion of tax reliefs
The Public Accounts Committee (PAC) has opened an inquiry into the UK's management of tax relief.
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Kind regards,

Day Accountants
Chartered Certified Accountants

Telephone: 01223 506533

Quern House, Mill Court, Great Shelford, Cambridge, CB22 5LD


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