Budget Report 2020: Tax and Travel

Mileage rates

Changes to the HMRC business mileage rates are announced from time to time. The fuel only advisory rates below relate to company cars only and apply from 1 March 2020. For those using their own vehicle the following mileage allowance payments apply.

Car benefits

Please see the pages below for more information  Introduction Budget Highlights Business Tax Minimum Wa… Continue Reading

Budget Report 2020: Other Matters

VAT

E-publications

The government will introduce legislation to apply a zero rate of VAT to e-publications from 1 December 2020, to make it clear that e-books, e-newspapers, e-magazines and academic e-journals are entitled to the same VAT treatment as their physical counterparts.

Tampon tax

From 1 January 2021 the government will apply a zero rate of VAT to women’s sanit… Continue Reading