Spring Budget 2020 - VAT changes

There was a lot more than usual on VAT in this Budget. Partly this reflects our recent departure from the EU. Whatever one’s views on the wisdom of this, there is no doubting the resulting freedom (post 1 January 2021) to introduce our own rules without the constraints of needing to comply with EU law. Mostly the government plans to continue with the current regime, but over time the rules will start to diverge and the first signs of this are already apparent.

Spring Budget 2020 - a balancing act in a time of change

Chancellor Rishi Sunak faced a huge challenge in today’s Budget. As well as delivering his first Budget Speech only four weeks after being appointed Chancellor, he needed to support the economy in the face of the threat of Covid-19, invest heavily in regions away from London, and prepare for the end of the Brexit transition period.

Corporate TaxLinda AdelsonMarch 11, 2020Budget 2020, corporate tax

Spring Budget 2020 - real estate update

Although there were no huge surprises, Chancellor Rishi Sunak’s first Budget contained much of interest for the real estate sector. We summarise the main points in this article.