There will be a reduction in the standard VAT rate from 20% to 5% from 15 July to 12 January 2021, for supplies of food and non-alcoholic drinks by restaurants, pubs, bars, cafés and similar premises. … Read more
The Upper Tribunal (UT) has agreed with HMRC that production costs incurred by the Royal Opera House Covent Garden Foundation (ROH) do not have a ‘direct and immediate’ link to the catering income generated from its bars and restaurants. … Read more
Academy Accounts Workshop: Part Two … Read more
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September is the deadline for ensuring no offshore US and UK historical tax payments have been overlooked, with those who fail to comply leaving themselves open to potential criminal action and/or substantial civil penalties.
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Article first seen in the International Adviser Magazine
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