Budget VAT changes round up

Digital publications will also become zero-rated, while the agricultural flat rate scheme entry and exit rules are amended.  The VAT registration rates are unchanged, with few announcements. The main business changes concern:  Sanitary products VAT is currently...

Retail rates relief to double

Welcome boost for smaller retailers. The Budget included measures to increase the 50% Retail Rates Relief announced earlier this year to 100% from April 2020. This relief will be extended to include retail, leisure and hospitality sectors, meaning a full relief for...