Tax cut on PPE extended until October

The Treasury have announced that the temporary scrapping of VAT on PPE has been extended until the end of October to help businesses dealing with the coronavirus outbreak.

At the beginning of May it as announced that VAT on PPE was temporarily zero-rated, and the new three month extension is estimated to save businesses £155 million.

FIND OUT MORE: www.gov.uk/government/news/hm-treasury-extends-tax-cut-to-ppe-costs

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