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Government announces new £500m scheme to kickstart film and television production
Government announces new £500 million scheme to kickstart film and television production struggling to secure insurance for COVID-19 related costs.
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Life insurance policy gains: full Personal Allowance available
Gains realised on life insurance policies are subject to income tax at the individual’s marginal rate under the chargeable event gain regime.
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VAT changes and support for hospitality and tourism sectors
The Government announced on 8 July 2020 that a reduced rate of VAT of 5% would apply from 15 July 2020 to 12 January 2021 for the supply certain supplies linked to hospitality and tourism.
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Corporate and Private Client eNews
The latest edition of our eNews is now available to download from our publications page.
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Partial exemption and COVID-19
Now that the current moratorium on HMRC VAT payments has come to an end, managing your VAT effectively will be a key priority in the coming months for many businesses in the Financial Services sector.
