Nichola's SME Tax W-update 11 June 2020

Last Updated: 11 October 2024

Hello, 

This week we feature some really useful and practical guides and of course, all the latest news on government support during these difficult times. Welcome to all our new subscribers; May was a record month in terms of visitors.

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Agent update June/July 2020

Last Updated: 30 August 2023

HMRC have issued the Agent Update for June/July 2020. We have summarised the key content for you with links to our detailed guidance on the topics covered.

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Employment-Related Securities: What’s New? June 2020

Last Updated: 04 June 2025

HMRC's latest Employment-Related Securities Bulletin focusses on the impact of COVID-19 on employee share and incentive schemes. Here is our enhanced version.

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Nichola's SME Tax W-update 4 June 2020

Last Updated: 30 August 2023

Hello, 

The government has been tweaking many of its Coronavirus support grants, funds and other measures in the last week. It is worth having a read through our Government Support Tracker for recent updates and additions. My highlights of the latest news are as follows:

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COVID-19: Discretionary Grant Fund

Last Updated: 17 November 2020

A Discretionary Grant Fund is available for small and micro-businesses that are adversely affected by the Coronavirus and are not eligible for other grant schemes.

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Taxation of COVID-19 support payments

Last Updated: 30 August 2023

The government has opened a new consultation ‘Taxation of Coronavirus (COVID-19) support payments’ on draft legislation which includes measures to tax the grants available, recover payments from businesses not entitled to them and penalise deliberate non-compliance.  

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  1. Nichola's SME Tax W-update 28 May 2020
  2. Nichola's SME Tax W-update 21 May 2020
  3. Government ignores Lords’ views on Off-Payroll rules
  4. Nichola's SME Tax W-update 14 May 2020
  5. COVID-19: Option to tax deadline extended

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