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Import VAT and duty freeze on medical supplies

02 April 2020

HMRC will not collect import VAT and duty for some organisations importing medical supplies that will be made available to those affected by the coronavirus outbreak.

RSM Market Stress Index highlights record spike as coronavirus fears grip global financial markets
Simon Hart

01 April 2020

RSM’s Market Stress Index has recorded by far its steeped and most protracted spike in negative sentiment since the metric was introduced, as coronavirus fears intensify.

More fiscal and creative policy needed to address Covid-19 crisis as RSM’s UK Financial Conditions Index dips towards 2008/09 levels
Simon Hart

27 March 2020

More fiscal and creative policy needed to address Covid-19 crisis as RSM’s UK Financial Conditions Index dips towards 2008/09 levels. Find out more

Improving VAT cash flow for commercial property landlords

27 March 2020

VAT may be able to create important cash flow advantages. This article outlines just one option that commercial property landlords should consider, allowing them to realise a significant cash advantage.

Budget 2020: VAT overview

11 March 2020

Following the Chancellors 2020 Budget announcement, there are a raft of consultations taking place. This article summarises some of the key announcements.

Budget 2020 reaction: Christmas comes very early for book lovers
Philip Munn

11 March 2020

The Chancellor announced as part of his Budget speech today that the government would 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 and e-magazines will be entitled to the same VAT treatments as their physical counterparts.

Coronavirus - travel and leisure sector seeks VAT support

10 March 2020

As the coronavirus begins to affect bookings, travel and leisure businesses are looking for VAT easements from HMRC to help their cash flow. But following the Government’s unsuccessful attempt to provide time-to-pay support to Flybe, it could be a case of once bitten, twice shy.

RSM’s Beyond Brexit Index shoots up amid Covid-19 inflicted supply-chain concern
Simon Hart

10 March 2020

Following the UK’s departure from the European Union more than a month ago, markets are braced for a global health crisis that will bring with it a supply shock.

Fed cuts policy rate by 0.5 per cent with more to come suggests RSM
Simon Hart

04 March 2020

Joe Brusuelas, Chief Economist at RSM US, comments on the Federal Reserve’s decision to cut its policy rate to a range between 1.0 and 1.25 per cent.

Government statement fails to calm fears of a hard Brexit for customs

04 March 2020

The Government has revealed ambitious, perhaps over ambitious, plans for a comprehensive free trade agreement with the EU to be in place by the end of this year. It is very clear on the outcome if negotiations don’t go to plan.

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