NewsBot
06-Jul-20, 01:00
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Hm Treasury Extends Tax Cut To PPE Costs
The temporary scrapping of VAT on PPE has been extended until the end of October - saving care homes and businesses dealing with the coronavirus outbreak £155 million, the government announced today. temporary scrapping of VAT on personal protective equipment (PPE) for infection extended until the end of October the three-month extension will save care homes and businesses an estimated £155 million comes after VAT on PPE was temporarily zero-rated at the beginning of May and import duty on PPE was removed The decision - which will make it easier and cheaper for care homes, charities and businesses to acquire the vital kit - comes after a temporary zero-rate of VAT was applied to PPE sales for an initial three months from 1 May 2020 to 31 July 2020. [Read Full Article (https://caithness-business.co.uk/article/11206)]
Hm Treasury Extends Tax Cut To PPE Costs
The temporary scrapping of VAT on PPE has been extended until the end of October - saving care homes and businesses dealing with the coronavirus outbreak £155 million, the government announced today. temporary scrapping of VAT on personal protective equipment (PPE) for infection extended until the end of October the three-month extension will save care homes and businesses an estimated £155 million comes after VAT on PPE was temporarily zero-rated at the beginning of May and import duty on PPE was removed The decision - which will make it easier and cheaper for care homes, charities and businesses to acquire the vital kit - comes after a temporary zero-rate of VAT was applied to PPE sales for an initial three months from 1 May 2020 to 31 July 2020. [Read Full Article (https://caithness-business.co.uk/article/11206)]