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