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United Kingdom News - Business, Taxation & Offshore



UK Announces COVID-19 Tax Breaks To Stimulate Economy

by Jason Gorringe, Tax-News.com, London

Last updated 23 hours ago | Friday, July 10, 2020

In a bid to reinvigorate the UK economy and buoy property prices, Chancellor Rishi Sunak has announced plans to slash the VAT rate for the hospitality sector and offer temporary stamp duty relief.Read Full Story


UK's COVID-19 VAT Payment Deferral Scheme Ends

by Jason Gorringe, Tax-News.com, London

Friday, July 3, 2020

HM Revenue and Customs (HMRC) has released guidance for businesses following the end of the VAT payments deferral scheme on June 30, 2020. Read Full Story


UK Issues COVID-19 Guidance On Interest Expense Deduction Regime

by Jason Gorringe, Tax-News.com, London

Friday, July 3, 2020

HM Revenue and Customs has released an update to guidance on the UK's interest deduction limitation rules for corporate groups regarding the appointment of a reporting company. Read Full Story


US Withdraws From International Digital Tax Talks

by Mike Godfrey, Tax-News.com Washington

Friday, July 3, 2020

US Trade Representative Robert Lighthizer told a congressional hearing on June 17, 2020, that the US Government has withdrawn from international negotiations on new global tax rules for digital companies at the OECD. Read Full Story


ECJ Rules Against UK's VAT Rules For Commodities Trading

by Jason Gorringe, Tax-News.com, London

Thursday, May 28, 2020

The European Court of Justice (ECJ) on May 14, 2020, ruled against UK value-added tax rule changes for commodities trading.Read Full Story


COVID-19: UK Extends Deadlines For Input On Tax Reforms

by Jason Gorringe, Tax-News.com, London

Friday, May 15, 2020

The UK tax agency has extended various deadlines for responses to consultations and for other work on tax reform, in light of COVID-19. Read Full Story














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