Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

VAT changes linked to Covid-19

30 June 2020 / Neil Warren
Issue: 4750 / Categories: Comment & Analysis
23431
Tying up loose ends

Key points

  • Zero rating on e-publications came into effect on 1 May instead of December.
  • Preparation for the domestic reverse charge – which takes effect in March 2021 – should start in December.
  • The VAT exemption may apply to online fund-raising events.
  • Conservative party manifesto promised not to raise VAT rates.

It is fair to say that VAT has not been running marathons since the Covid-19 crisis hit our shores. This is different from other taxes that have seen an endless array of government announcements and legislative changes. But VAT has not been sitting idly in front of the TV either – let’s say it has run a 10k race in a reasonable time. There have been some important measures that affect many businesses.

As is always the case with new legislation there...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

FIVE WAYS TO MAKE ACCOUNTS PRODUCTION AND TAX EASIER.
Download the exclusive Xero
free report here.

New queries
Please email any questions you might have
to: taxation@lexisnexis.co.uk.

back to top icon