Plans to extend Making Tax Digital

Plans to extend Making Tax Digital

On 21 July the government published its 10 year strategy for the tax system. This included its plans to extend the Making Tax Digital initiative.

Cut in VAT rate for leisure and tourism sectors

Cut in VAT rate for leisure and tourism sectors

As part of the government’s approach to support economic recovery, the Chancellor announced a temporary cut in the rate of VAT, from 20% to 5%, from the 15 July 2020 to 12 January 2021 for the leisure and tourism sectors.

The Chancellor explains his plan for jobs

The Chancellor explains his plan for jobs

A summary of the Chancellor’s plan for jobs – including Job Retention Bonus, Kickstart Scheme, Green Homes Grant, Stamp Duty Land Tax , VAT for hospitality & tourism sector and “Eat Out to Help Out”.