Possible VAT rise predicted

A new government may have to give serious consideration to an increase in VAT, it has been forecast.

What the political parties are promising

With the election looming, the main political parties have outlined what they intend to do on business support and tax.

Reform the tax system to 'rebalance' the economy

The UK’s tax regime requires a major overhaul if the economy is to be balanced and competitive.

Increasing VAT could 'hit' the recovery

Pushing up the rate of VAT in order to tackle the budget deficit could have a detrimental impact on the economic recovery, a new study has claimed.

Chancellor says Budget will not offer a 'giveaway'

Alistair Darling has said that the upcoming Budget won’t be delivering a pre-election giveaway.

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