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UK Chancellor, Rishi Sunak, has delivered his summer economic plan to help the UK economy recover from the impact of the coronavirus pandemic. It includes plans to protect jobs, help younger workers and encourage spending with measures such as a VAT cut for leisure activities and a restaurant voucher scheme. Read more in these highlights provided by Goodman Jones in London.
Click here for an outline of amendments to the Finance Act, assented into law on 30 June 2020, from the Kenyan Revenue Authority.
On 23 June 2020 the IRS released Notice 2020-51 that provides relief to taxpayers who had already taken their Required Minimum Distributions prior to the CARES Act that suspended the requirement for 2020. [Find out more]
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