The Chancellor Rishi Sunak delivered his ‘Summer Budget’ announcing the following measures including a temporary reduction to the Standard Rate of VAT from 20% to 5% for the hospitality sector. This VAT cut, which is in place until 12 January 2021, is designed to boost customer demand in response to the economic crisis caused by the Covid-19 pandemic.
On Friday 29 May, the Chancellor Rishi Sunak announced a series of changes to the Government's furlough scheme, including workers being able to go back part-time from July. Here's what you need to know.
Lancaster Haskins Ltd is a limited company registered in England and Wales at Granville House, 2 Tettenhall Road, Wolverhampton, WV1 4SB under company number 09440560, VAT number GB100873012. We are regulated to carry on audit work and regulated for a range of investment business activities by the Institute of chartered Accountants in England and Wales.