18 Sep 2020
Treasury Committee recommends further targeted support
Miles Dean, Head of International Tax, comments in Tax Journal in relation to The Treasury Committee’s second report of its inquiry into the economic impact of coronavirus.
17 Jul 2020
Capital gains tax review sparks fears of rate increases
Miles Dean, Head of International Tax, comments in Taxation in relation to news that the Chancellor has requested the Office of Tax Simplification to conduct a review into capital gains tax.
14 Jul 2020
Group of 83 super-rich individuals call for wealth tax
Miles Dean, Head of International Tax, comments in Citywire Wealth Manager in relation to news that a group of wealthy individuals have published a letter calling for a wealth tax to fund Covid-19 recovery.
9 Jul 2020
Temporary UK VAT rate cut in hospitality and leisure sector from 20% to 5%
In the Chancellor’s summer statement of 8 July 2020, it was announced that the VAT rate applied to certain supplies in the hospitality and leisure sector will be reduced from 20% to 5%
26 Jun 2020
Covid-19 – reminder to reinstate VAT direct debits
As a result of the Covid-19 outbreak, UK VAT registered businesses were able to defer VAT payments due between 20 March 2020 and 30 June 2020 to help manage cash flow. These business will now need to reinstate their VAT direct debits to avoid penalties.
11 Jun 2020
COVID 19: tax relief provisions for individuals and businesses – highlights of the key items
In response to the COVID-19 pandemic, Congress enacted massive relief packages – The Families First Coronavirus Response Act and the CARES Act – that provide significant tax relief to both individuals and businesses. Andersen USA have prepared charts that summarise the significant provisions for our clients.
8 May 2020
COVID-19 US finally offers relief to individuals and businesses with employees stranded in US
Treasury and IRS issued guidance providing tax relief to both individuals and businesses affected by travel disruptions arising from the COVID-19 pandemic.
13 Apr 2020
COVID-19 Guide to global tax relief
This guide provides an overview of the response to COVID-19 by each country as it relates to tax relief and other provisions implemented by local governments. This guide includes information as it pertains to specific countries on general measures, corporate income tax measures, tax payments, tax reporting, and VAT in specific countries as provided by the member and collaborating firms of Andersen Global.
9 Apr 2020
COVID-19 – CARES Act, relief for US taxpayers
On 27th March 2020 President Trump enacted the largest package in the history of the United States. The $2 trillion CARES Act is aimed at helping US individuals and companies affected by the pandemic.
8 Apr 2020
COVID-19 – relief for those stuck in the UK or US due to lockdown
The rapid spread of COVID-19 over the past few weeks has meant that Governments around the world are imposing strict restrictions on the movement of people. We explore the reliefs are available for non-resident individuals that get stranded in the UK or US due to the lockdown.
2 Apr 2020
Private client advisers react to COVID-19 – Miles Dean
Miles Dean, Head of International Tax, comments on the implications of COVID-19 on the private client tax industry. Miles’ comments were published in Spear’s, 02 April 2020, and can be found here. “The implications of COVID-19 are only just becoming clear. The pandemic is affecting the very fabric of our society, our freedoms and of course the […]
26 Mar 2020
COVID-19 US relief package
The US Senate has voted on and passed the Phase 3 COVID-19 Relief package, which includes a number of significant tax provisions that would affect individuals and businesses.