Business tax

22/07/20:

MTD for VAT extension set for 2022/23 rollout

Treasury reveals plan to further digitise taxes.

17/07/20:

ONS reports ‘alarming’ slump in self-employed numbers

Freelancers call for improved self-employed support.

16/07/20:

Sunak calls for capital gains tax review

Chancellor wants to ensure the system is fit for purpose.

15/07/20:

VAT cut kicks in for certain sectors

Standard rate temporarily falls from 20% to 5%.

13/07/20:

UK tax gap drops to record low

More than 95% of tax owed in 2018/19 was collected.

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