July.13.2020
Highlighting key tax points coming out of the recent economic update (8 July) delivered by the UK Government:
These measures are intended to support the housing market, and hospitality/tourism sectors, respectively.
In addition, while these are not new developments announced as part of the economic update, it is worth highlighting a couple of recent changes in HMRC's guidance which continue to be relevant to our practice:
If you have any questions or would like to discuss any of these matters, please do not hesitate to contact Jonathan Rosen.