On 11 March 2020, UK Chancellor of the Exchequer Rishi Sunak delivered the Budget 2020 to parliament. Some of the main tax-related measures of the Budget include the following:

• The corporation tax rate will be maintained at 19% instead of being reduced to 17% from 1 April 2020 as currently scheduled (the 19% rate will also be set from 1 April 2021);
• It is confirmed that the 2% Digital Services…