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VAT

European proposals on VAT raise concerns

Plans by the European Commission to drop certain reduced rates of VAT have been criticised by the Institute of Directors (IoD).

Royal Wedding means change to VAT return date

The Royal Wedding on 29 April has been declared a bank holiday. As a consequence, there will be an impact on the timing of paper VAT returns.

HMRC looking to accelerate VAT registration rates

HM Revenue and Customs (HMRC) is to investigate how to improve still further the system for dealing with applications from businesses wishing to register for VAT.

HMRC gives reminder on changes to tax payments

HM Revenue and Customs (HMRC) has reminded businesses that a number of important changes to the way that taxes are paid come into effect this month.

First dip in household disposable income in three decades

The extent of the challenges facing the UK economy were set in perspective with the news that take home pay for the average British household fell last year for the first time since 1981.

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