Read on for the latest accounting, tax & business news from TidyCloud
Reduced VAT Rate for Hospitality
As part of the COVID-19 support for the hospitality and leisure industries, the Chancellor reduced VAT on some sales from those sectors to 5% for a limited period starting from 15 July 2020.
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Company Details on Stationery
Company use of signs, stationery and promotional material. There are a number of requirements that must be taken care of when running a limited company. One of the lesser-known requirements concerns the use of signs, stationery and promotional material.
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Tax-Free Capital Gains
Whilst most taxpayers are aware of their annual tax-free allowance and the exemption for the qualifying sale of the family home, there are other items that are exempt from CGT.
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