The Chancellor has announced a temporary reduction in the rate of VAT to help promote the hospitality, holiday and visitor attraction sectors in the release from lockdown. With effect from 15 July until 12 January 2021 the 5% rate will apply to certain supplies of...
In May the deadline for notifying an Option To Tax was extended to 90 days (from 30 days) for Options To Tax exercised in the period from 15 February to 31 May 2020. The extended deadline now applies to Options To Tax exercised in the period from 15 February to 30...
