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By: Jamie Ratcliffe

Head of Indirect Tax, EY UK

  • VAT rate cut: implementation for businesses will be more complicated than it appears

    City Talk

    The Chancellor’s announcement is a welcome and targeted measure for the hospitality and leisure sector which has been impacted by COVID-19 and this VAT reduction from 20% to 5% is designed to help stimulate spending.  Prior to the announcement, there had been speculation that there would be a general rate cut – which we have recently [...]

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