Five things you need to know about tax, 8 May 2020

May 07, 2020

 

This week, in Irish stories, the TWSS moved to the ‘operational phase’. In UK stories, claims under the coronavirus self-employed income support scheme will now be made by 25 May 2020 and not June 2020 as first expected. While in International news, read the OECD’s new paper covering insights on VAT revenues under the COVID-19 crisis.

     Ireland

  1. The COVID-19 Temporary Wage Subsidy Scheme (TWSS) is now in the operational phase. For the latest updates visit the TWSS page.
  2. Revenue confirms 'warehousing' of COVID-19 related tax debt for businesses. Read more.

    UK

  3. Read the latest update on the self-employed income support scheme
  4. The guidance on the coronavirus job retention scheme has been updated again

    International

  5. Read the OECD’s new paper covering insights on VAT revenues under the COVID-19 crisis