VAT cut kicks in for certain sectors
15- 07- 2020Standard rate temporarily falls from 20% to 5%.
VAT
UK tax gap drops to record low
13- 07- 2020More than 95% of tax owed in 2018/19 was collected.
Javid calls for business taxes to be cut
23- 06- 2020Temporary tax cuts may be revealed in July.
Firms urged to reinstate VAT direct debits
19- 06- 2020The VAT deferral period ends on 30 June 2020.
Treasury may consider temporary cut to VAT
15- 06- 2020Pressure on the Chancellor to follow Germany’s lead.