9 Jul 2020

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

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

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

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

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

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

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

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

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.

25 Mar 2020

With the COVID-19 pandemic continuing to spread across the UK and around the world, governments are imposing strict restrictions on people’s movements. The UK government has however relaxed the rules for certain non-UK residents who are unable to leave the UK due to the current exceptional circumstances.

24 Mar 2020

The past few weeks have seen significant turbulence in global stocks due to the economic fallout from COVID-19.  Although there are more pressing concerns than tax in these difficult times, US individuals are nevertheless able to take advantage of certain unique planning opportunities which result from the current depressed asset values.