March 19 2020

COVID-19 pandemic: emergency tax measures (UK)

Source: IBFD Tax Research Platform News

On 17 March 2020, a package of emergency tax measures to alleviate the economic hardships caused by the COVID-19 pandemic was announced.

All businesses will enjoy a business rates holiday between April 2020 and June 2020.

Businesses in the retail, hospitality and leisure sectors will enjoy a 12-month tax holiday.

For more information Diacron has selected some of the most important measures here.