VAT

'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.

Businesses get extra time to update VAT prices

Businesses are to get additional time in which to update price labels after the rate of VAT reverts to 17.5 per cent.

Pre-Budget Report 2009: business reaction

Business groups greeted the Chancellor’s pre-Budget Report with a mixture of encouragement and dismay.

Pre-Budget Report 2009: an overview

The Chancellor, Alistair Darling introduced a pre-election pre-Budget Report to the Commons that would, he said, “build a strong economy and a fair society”.

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