Online shopping receives tax boost

Shoppers in the UK who buy goods on the internet from countries outside the EU can now spend more without being liable to customs duty.

New EU VAT rules could add to admin burden

UK firms could face additional administrative costs as a result of changes to the EU’s VAT rules.

VAT rate change 'creates' consumer rush

The post-Christmas surge in shopper activity should not be mistaken for a return to consumer confidence, a research group has warned.

'Time to pay' scheme might become more demanding

Firms that want to agree an extended timetable for paying their tax bills under the Business Payment Support Service might be faced with more stringent questioning from HM Revenue and Customs.

Changing back to the old rate of VAT

On 1 January 2010, the standard rate of VAT reverts to 17.5 per cent after a period of 13 months at 15 per cent.

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