VAT

Businesses reminded of looming VAT increase

There are now only two months remaining before the standard rate of VAT climbs from 17.5 per cent to 20 per cent, and VAT-registered businesses are being urged to ready themselves for the change.

Comprehensive Spending Review: tax

Like most other government departments, HM Revenue and Customs (HMRC) is to lose a part of its budget as a result of the spending review.

VAT rise cost businesses as much as decrease

The cost to business of the increase in VAT to 17.5 per cent in January was as high as the earlier drop to 15 per cent, a new survey has found.

Tax and regulation reform must be central to spending review

Streamlining the business tax system and simplifying the regulatory regime must form the core of the government’s comprehensive spending review, a business group has argued.

Business views sought on changes to customs law

HM Revenue and Customs (HMRC) has created a questionnaire allowing firms, particularly smaller businesses, to share their views on changes to customs laws.

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