In his Summer Economic Update, the Chancellor announced a temporary 5% rate of VAT for certain hospitality and tourism supplies. Following questions put to them by the Association of Taxation Technicians (ATT) about the measure, which applies between 15 July
Undisclosed property income has long been on HMRC’s radar and its data sharing system has made it easier to pursue those taxpayers at fault. Last month, Reuters reported on an investigation into the UK arm of Airbnb, conducted by HMRC,
Back in August 2019, we commented on a tax case where a van provided to employees was reclassified as a car. The case, involving Coca-Cola, shines a light on the issues associated with the provision of vehicles to employees and,
As we now look toward the second half of a year unlike any we have known before, the Government has published details of ‘Project Speed’. The programme is part of its commitment to rebuild the economy after the Coronavirus crisis.
On 12 May, the Chancellor confirmed that the Coronavirus Job Retention Scheme (CJRS) will remain open until the end of October. The announcement follows Boris Johnson’s speech outlining the Government’s response to the next phase of the pandemic. In essence,
The Chancellor has fast-tracked plans, first announced at Spring Budget 2020, to scrap VAT on digital publications. VAT on digital publications scrapped seven months early The zero rate of VAT will now apply to the likes of e-books from 1
In the last couple of days, the Government have issued a few key updates in relation to the support that is available for businesses during the COVID-19 outbreak. VAT & Income Tax payment deferrals The Government have published additional guidance