Following Rishi Sunak's announcement in the Summer Statement, HMRC have updated their guidance regarding the temporary reduced rate of VAT which will apply to supplies of hospitality, hotel and holiday accommodation and attractions.
Communications with customers and maintaining a flexible business model are the key to survival for businesses in the hospitality sector.
Some adept thinking from the Chancellor is welcome, but he will certainly need to do more in the autumn.
Whilst delivering the summer statement in Parliament on 8 July 2020, the Chancellor of the Exchequer, Rishi Sunak, presented his ‘Plan for Jobs’ worth up to £30 billion to help Britain bounce back from the Coronavirus outbreak.
A temporary VAT zero rate will apply to all supplies of PPE which are made between 1 May and 31 October 2020.
Chartered accountants Lovewell Blake have appointed Camilla Stone to the newly-created role of talent and employer brand coordinator
In recent weeks’, we have seen an upward trend in media activity regarding pension scams in the UK. Fraudsters are using sophisticated ways to deceive savers to part with their retirement savings using various means of communication.
It is important that GP Practices check the amount received, via their Open Exeter statement, for their 2019/20 QOF achievement.