Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
24 September 2020
VAT cuts for the Hospitality & Tourism sectorAs the Government seeks to revive the UK economy after months of lockdown, the Chancellor announced a £4 billion commitment to reduce the rate of VAT from 20% to 5% in the hospitality and tourist sectors. Both reductions will run from 15 July 2020 to 31 March 2021.
13 September 2020
VAT updates on digital advertising for charitiesHMRC recently issued an update on VAT charges relating to digital advertising for charities. Tony Cochrane, VAT Senior Manager, has broken these updates down and offers third sector companies advice in this short blog.
10 September 2020
HMRC announces changes to VAT on compensation paymentsFollowing recent judgments of the Court of Justice of the European Union, HMRC has updated its position on the VAT treatment of some compensation payments. Tony Cochrane, VAT Senior Manager, explains further.
25 August 2020
Changes to beer duty rules: what this means for UK brewersIn July 2020, the Treasury announced changes to the Small Breweries Beer Duty Relief Scheme (SBR) which is expected to increase the rate of beer duty paid by the smallest brewers in the UK. In this blog we give an overview of what we know so far.
29 July 2020
Claims under the Eat Out to Help Out SchemeCafés, Bars and Restaurants wishing to take part in the Government’s Eat Out to Help Out scheme in August, can apply to register for the scheme now.
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