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BUDGET SUMMARY SPRING 2021/22

BUDGET SUMMARY SPRING 2021/22

A delicate balance The Chancellor had a difficult task in this Budget: to indicate how he might balance the Government’s books in the future, while still having to pay out huge sums to support the economy. He said that he would continue to provide ‘whatever it takes’...

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Loss of Profit Claim due to COVID 19

Loss of Profit Claim due to COVID 19

The Supreme Court concluded the Covid-19 business interruption dispute by substantially ruling in favor of policyholders. The insurance industry has welcomed the clarity offered by the Supreme Court’s final verdict over payment of Covid-19 related business...

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UK’s Digital Services Tax

UK’s Digital Services Tax

The Finance Act 2020 became law on 22 July, 2020. This Act retrospectively introduced the UK’s Digital Services Tax (DST), which is to apply from 1 April, 2020. The 2020 Budget confirmed that the DST will come into force on royal assent of the Finance Bill 2019/2020...

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