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VAT Reductions

On the 8th July ’20 the UK Government announced that it would introduce a temporary cut in VAT, from 20% to 5%. The reduction would apply to businesses that are already VAT registered and would include eat-in or hot takeaway food and non-alcoholic drinks from restaurants, cafes and pubs; accommodation in hotels, B&Bs, campsites and caravan sites and attractions like cinemas, theme parks and zoos.  The […]

Eat Out to Help Out Scheme

On Wednesday 8th July 20, Chancellor Rishi Sunak unveiled the “eat out to help out” discount as part of a series of measures to restart the economy amid the coronavirus pandemic.  Starting on the 3rd August, the deal means people can get up to £10 off per head if they eat out from Monday to Wednesday.  The discount will not apply […]

Furlough Bonus Scheme for Employers

On Wednesday 8th July the chancellor, Rishi Sunak, has offered firms a £1,000 bonus for every furloughed employee they keep on until the end of January, and pay at least £520 a month.  The government’s furlough scheme will close in October. The scheme has been paying up to 80% of the wages of nine million people who can’t work because of the […]

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