Chartered Accountants & Business Advisers

VAT

15 Jul 20

VAT cut kicks in for certain sectors

Standard rate temporarily falls from 20% to 5%.

13 Jul 20

More than 95% of tax owed in 2018/19 was collected.

23 Jun 20

Temporary tax cuts may be revealed in July.

19 Jun 20

The VAT deferral period ends on 30 June 2020.

15 Jun 20

Pressure on the Chancellor to follow Germany’s lead.