Business tax
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.
Changes to entrepreneurs’ relief edge closer
4th June 2020
Tax body calls for greater scrutiny from MPs.
Second phase of MTD for VAT delayed
1st April 2020
HMRC defers rollout of more stringent rules until 1 April 2021.
