Applying the VAT Cut in FreeAgent and Xero
Editor | 16 July 2020
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A VAT cut in the food, drink and hospitality sectors came into force this week following the Chancellor’s ‘Summer Economic Update’ last week.

Self-employment grant scheme extended for three months

Chancellor Rishi Sunak has confirmed that the Self-Employed Income Support Scheme will provide an additional three months of support for eligible applicants.

Workers that qualify for an income support grant will be able to claim for up to £6,570 to cover the three months from June. However, this final payment may not be as much as self-employed workers received in the previous three-month period.