Category: VAT


UK extends cut in hospitality and tourism VAT to 5% till 31 Mar 2021

The UK has cut the reduced Value Added Tax on hospitality services from the current 20% standard rate to the reduced rate of 5% on 8 July 2020 in the Chancellor’s economic update. The measure will be in place from 15 July 2020 until 12 January 2021, this has now

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IR35 Deferred to Changes April 2021

What is IR35 all about? IR35 is tax legislation that was introduced in April 2000 to combat tax avoidance. Its purpose is to make sure that contractors using an intermediary to provide their services are not, in fact, disguising employment to avoid paying the correct tax. It ensures that workers,

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