Tax news in brief Highlights from the broader tax news week ending 27 January, which includes: Treasury confirms that eligibility criteria for fourth SEISS grant will be announced at the Spring Budget; special edition of HMRC s Employers Bulletin focuses on Brexit transition and HMRC updates its guidance on scams.
Eligibility criteria for next SEISS grant to be in Budget
HM Treasury has confirmed that information about the amount of, and eligibility criteria for, the fourth Self-employment Income Support (SEISS) grant will be provided at the Spring Budget on 3 March 2020. The fourth SEISS grant covers February to April 2020. It is not clear how soon after the Budget HMRC will be able to open applications for the fourth grant, or whether this delay will mean that information from 2019/20 returns will be taken into account when calculating the grants.