U.K. Extends Tax Cut on Protective Medical Gear by 3 Months

July 3, 2020, 2:06 PM UTC

U.K. extends temporary scrapping of value added tax on personal protective equipment until end of October, Treasury says in emailed statement on Friday.

  • Treasury: 3-month extension of tax cut worth GBP155m to care homes and businesses
  • NOTE: PPE VAT was zero-rated at start of May, and import duty removed

To contact the reporter on this story:
Alex Morales in London at amorales2@bloomberg.net

To contact the editors responsible for this story:
Tim Ross at tross54@bloomberg.net

Edward Evans

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