Gibraltar Publishes Updated Summary Table of Measures in Response to COVID-19

Gibraltar's Income Tax Office has published an updated summary table of the Business Employee Assistance Terms (BEAT) measures for June in response to COVID-19. The measures are summarized in the table as follows:

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Government commercial rents

A waiver of rents for the 2nd quarter of 2020

Commercial rents from private landlords

A waiver equal to either an amount up to 50% of the rent due for the 2nd quarter of 2020 or a waiver of this full rent and a lease extension for 3 months

B…