Five things you need to know about tax, 19 June 2020

Jun 18, 2020

This week, in Irish stories, take a look at Revenue’s answers to member queries on Temporary Wage Subsidy Scheme issues. In UK developments, the guidance for both the coronavirus job retention scheme and the self-employed income support scheme has again been updated. In International news, the European Commission have released a consultation on the VAT scheme for travel agents and tour operators.

    Ireland

  1. Take a look at Revenue’s answers to member queries on the TWSS
  2. Read Revenue’s recently issued guidance on completing the 2020 Form CT1

    UK

  3. Updated guidance on the self-employed income support scheme confirms that if a business has been “adversely affected” on or after 14 July 2020 a claim under the scheme can be made in August 2020
  4. The guidance for the coronavirus job retention scheme has again been updated

    International

  5. The European Commission have released a consultation on the VAT scheme for travel agents and tour operators