Reduced rate of VAT for hospitality sector
To support businesses and jobs in the hospitality sector, the reduced (5%) rate of VAT applies to supplies of food…
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More detail on VAT rate cut for hospitality
Following the Chancellor’s Summer Statement, HMRC has issued guidance on the application of the temporary 5% reduced rate of VAT to support the…
VAT cut in bid to support hospitality sector
VAT on eating out, accommodation and tourist attractions will be cut to 5% to help the UK’s hospitality sector recover…
SDLT boost for homes in England and Northern Ireland
The Chancellor has cut stamp duty land tax (SDLT) to encourage confidence in the residential property market following the coronavirus…
£1k job retention scheme bonus for employers
Employers who retain staff for three months after the furlough scheme ends will receive £1,000 government ‘bonus’ for each employee,…
Summer Statement serves up jobs-first package
The Chancellor’s Summer Statement put forward a plan for jobs, green investment and a variety of targeted tax cuts, but…