Chancellor Rishi Sunak presented a Summer Economic Update on Wednesday 8 July 2020. In his speech he stated that the government has taken decisive action to protect the UK economy but people are anxious about losing their job and the rise in unemployment.
Government help for businesses affected by Covid19: Bounce Back Loans Self-Employment Income Support Scheme Working from home Tax planning ahead of the Autumn Budget Tax on dividends may go up Tax relief on pensions may be reduced or removed altogether Self-employed National Insurance rates may go up. IR35 Tax changes expected now on […]
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