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Reminder - 31st October 2020 End of Temporary VAT Rate for PPE

On 30th April, HMRC announced that there would be a temporary change to the VAT status of Personal Protection Equipment (PPE).

From 1st May until 31st October, the supply of PPE recommended for use in connection with protection from infection with Coronavirus by Public Health England, was temporarily zero rated with supplies reverting to the previous rate of VAT from 1st November 2020.

The  axis diplomat 2018 Accounts Support Note - May 2020 - UK PPE VAT Rate Changes will assist users in managing this change in their axis diplomat system.

Discover more: https://www.gov.uk/government/publications/revenue-and-customs-brief-4-2020-temporary-vat-zero-rating-of-personal-protective-equipment-ppe/

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