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VAT
VAT cut kicks in for certain sectors
Standard rate temporarily falls from 20% to 5%.
Read more »UK tax gap drops to record low
More than 95% of tax owed in 2018/19 was collected.
Read more »Standard rate of VAT cut in hospitality and tourism sectors
Reduced rate of 5% announced for food, accommodation and attractions.
Read more »Javid calls for business taxes to be cut
Temporary tax cuts may be revealed in July.
Read more »Firms urged to reinstate VAT direct debits
The VAT deferral period ends on 30 June 2020.
Read more »Treasury may consider temporary cut to VAT
Pressure on the Chancellor to follow Germany’s lead.
Read more »Domestic reverse charge VAT delayed until 2021
COVID-19 prompts another delay to change for construction services.
Read more »Govt. to pay up to 80% of workers’ wages
Other concessions announced for businesses.
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