Business news
Sunak calls for capital gains tax review
Chancellor wants to ensure the system is fit for purpose.VAT cut kicks in for certain sectors
Standard rate temporarily falls from 20% to 5%.UK economy slumps 19.1% in lockdown
Figures dispel hopes of a V-shaped recovery.UK tax gap drops to record low
More than 95% of tax owed in 2018/19 was collected.IFS: ‘Tax rises may not be imminent’
Think tank predicts a third phase of recovery.Chancellor announces ‘plan for jobs’
More employer grants in summer economic update.Stamp duty land tax holiday in England & Northern Ireland
Tax-free threshold temporarily rises from £125,000 to £500,000.Standard rate of VAT cut in hospitality and tourism sectors
Reduced rate of 5% announced for food, accommodation and attractions.Economic update 2020: expectations
Three changes the Chancellor may announce.Exporters feel upturn in international trade
Supply chains pick up as restrictions ease.
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